Remove Home Improvement Remove Housing Market Remove Insurance Remove Loan Officers
article thumbnail

Will new products stop the bleeding for mortgage lenders? 

Housing Wire

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgage 384
article thumbnail

Does Refinancing Affect Your Taxes?

Assurance Financial

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. If you have equity in your home, you may be able to leverage it through a refinance. Make a Capital Home Improvement.

article thumbnail

Should I Refinance My House (And When Is the Best Time to Do It)?

PennyMac

As a result, you continue to pay your lender a regular monthly amount with the understanding that you will be covering both the principal cost of the loan and the interest the lender charges for their services. Throw in additional costs such as property insurance and taxes, and that monthly payment can get pretty steep.