Refinance

Real Estate Finance News Recap: February 2021

Here’s a quick digest of what happened in real estate finance last month:

+ A majority of mortgage experts predict that rates will continue to rise, although they are still near historic lows. As of February 25th, the 30-year fixed rate mortgage stood at 2.97%.

+ Did you take advantage of low interest rates and refinance your mortgage last year? Find out how it could affect your taxes as you go to file.

 

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Real Estate Finance News Recap: December 2020

Happy New Year! Here’s a quick digest of what happened in real estate finance last month:

+ Mortgage rates continue to remain near record lows at 2.67%, down from 3.72% a year ago.

+ Not looking to move, but wondering if it’s worthwhile to refinance? Check out Nerd Wallet’s refinance calculator to find how much you can save each month.

+ Forbearances rose for the third consecutive week, as roughly 2.83 million homeowners are currently suspending mortgage payments. Fannie and Freddie announced that multifamily property owners with existing forbearance agreements can extend their agreements for up to three months.

 

Have questions about what’s happening in real estate in your neighborhood? Let’s chat!

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