Should We Fear the Surge in Cash-Out Refinances?

Should We Fear the Surge in Cash-Out Refinances?

by | Mar 23, 2021 | Uncategorized

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia,...
What Credit Score Do You Need for a Mortgage?

What Credit Score Do You Need for a Mortgage?

by | Mar 22, 2021 | Uncategorized

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to...
Americans See Major Home Equity Gains [INFOGRAPHIC]

Americans See Major Home Equity Gains [INFOGRAPHIC]

by | Mar 19, 2021 | Uncategorized

Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down...
To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell

by | Mar 18, 2021 | Uncategorized

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a...