More borrowers are ditching their bank as refinancing rate picks up

Homebuyer Demand Hit Highest Level in 3 Months: Report

Prospective buyers are warming up to the housing market, which could lead to more sales if mortgage rates drop, according to real estate brokerage Redfin. “Homebuyer Demand Index—a seasonally adjusted measure of home tours and other buying services from Redfin agents—hit its highest level in three months,” as of the week ending March 16, the company said in a March 20 statement. It was up by 5 percent year over year. Home tours are “rising faste…

More borrowers are ditching their bank as refinancing rate picks up

Home loan customers have been growing more proactive in seeking out cheaper loans recently, especially as interest rates trend lower.

When You Refinance a Mortgage Do the 30 Years Start Over?

Thinking about refinancing your mortgage? It's a smart move many homeowners consider, especially when interest rates wiggle around like they've been doing. One of the big questions that pops into almost everyone's head when they start looking into refinancing is: When you refinance a mortgage, do the 30 years start over? The short answer is: it depends, but often, yes, refinancing can reset your mortgage term back to 30 years, or whatever new te…

Big bank insider reveals how more buyers now able to land mortgage - realestate.com.au

A big four bank senior executive has revealed the tide has turned for buyers who thought they couldn’t afford a mortgage, with more now landing approvals. Here’s how.