A new report revealed that foreclosure rates are down to pre-crisis levels for the first time since the recession. Here is a look at other major performance metrics and their impact on the housing market.
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Refinances Could Be Poised for a Major Upswing
The number of borrowers who could either qualify for or benefit from a mortgage refinance has skyrocketed by 1.5 million since January 1.
Read More »Consumers Not Taking Advantage of Refinancing Opportunities
Why have borrowers been passing on favorable opportunities to refinance to lower their mortgages to the lower rates available?
Read More »Existing Homeowners Are Not Taking Advantage of Historically Low Rates
Mortgage rates are at historic lows, which may seem like perfect opportunity for homeowners to refinance. Why are they not jumping at the chance?
Read More »Getting Out of the Game: Many Borrowers are Exiting HARP
Millions of underwater borrowers lowered their payments through HARP. Why are many of them leaving the program now?
Read More »HARP Refi Numbers Dwindling Despite FHFA’s Efforts
The Home Affordable Refinance Program (HARP) program was launched in 2009 to help homeowners save money on their monthly mortgage payments, but fewer and fewer eligible borrowers are taking advantage of it.
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