Are rising mortgage interest rates enough to cool a heating market? Will housing inventory make a rebound? Your Spring 2021 update.
The post Mortgage Interest Rates Begin Their Ascent. But Is It Enough? appeared first on Benchmark.
Category: Refinancing
Mortgage Interest Rates Begin Their Ascent. But Is It Enough?
Are rising mortgage interest rates enough to cool a heating market? Will housing inventory make a rebound? Your Spring 2021 update.
The post Mortgage Interest Rates Begin Their Ascent. But Is It Enough? appeared first on Benchmark.
Market Update for March 17th
COVID-19, the Federal Reserve cuts rates, and Rate locks now good for 60 days. A lot is going on in the housing market and the country as a whole. Let's dive in, and see how this could affect you and your mortgage.
The post Market Update for March 17th appeared first on Benchmark.
Cashout Refi
Use the equity in your home to consolidate debt or pay for a repair or renovation with a Cash Out Refinance loan.
The post Cashout Refi appeared first on Benchmark.
What is an IRRRL VA refinance loan?
An IRRRL, or Interest Rate Reduction Refinancing Loan, is a quick VA refinance option with fewer qualifications and less paperwork than other refinance loan options. It’s meant to be a quick and non-complicated refinance option for qualified VA homeowners, and there is no appraisal requirement. Read more
The post What is an IRRRL VA refinance loan? appeared first on Benchmark.
2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?
In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.
The post 2019 Summer Market Update With Jim McMahan: Is it a good time to refinance? appeared first on Benchmark.
How to Refinance Without a New 30-year Commitment.
Now, you could get a refinance loan for any term between 15 and 30 years! Get a better rate without "starting over". Benchmark presents: Odd Term Mortgages.
The post How to Refinance Without a New 30-year Commitment. appeared first on Benchmark.
Does it Make Sense to Refinance? 5 Things To Know
If you are thinking about refinancing, you probably have a good reason. Maybe you are curious if you could save money by locking in a lower interest rate. Maybe you wonder if you could use some of the equity you have established in your home. Whatever your reason, here are 5 things to know before …
The post Does it Make Sense to Refinance? 5 Things To Know appeared first on Benchmark.
Mortgage Applications Rise 4.1% According to Most Recent Data
The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …
The post Mortgage Applications Rise 4.1% According to Most Recent Data appeared first on Benchmark.
Purchasing or Refinancing with the HomeStyle Renovation Program
The HomeStyle Renovation Program is available to borrowers who are looking to make Renovations, Repairs, or Improvements to a home with a single loan, rather than with a second mortgage, or home equity line of credit. At Benchmark, we know how important it is to make a house your own. Your Benchmark loan originator can …
The post Purchasing or Refinancing with the HomeStyle Renovation Program appeared first on Benchmark.