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Mortgage rates fell last week on the back of reports of a weakening job market. Homeowners jumped on the opportunity, driving ...
Total mortgage application volume rose 10.9% from the previous week, according to the Mortgage Bankers Association’s ...
To qualify for a cash-out refinance, homeowners must have at least 20% home equity, have owned the home for at least six ...
More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.
Homeowners who bought homes in recent years, betting on being able to refinance for a lower mortgage rate, didn't win big.
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