Tag Archive for: cash out refinances

The High Cost of “Cash Out;” Delayed “Hot Season”

DEFERRED DEMAND/PEAK HOMEBUYING SEASON IS NOW CNBC reported that “mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher than a year ago.” […]Read More

Are Cash Out Refinances A Good Idea?

When homeowners purchase a new home, they instantly start to accumulate equity in their new home. For some homeowners, taking cash out from their home equity can be a great way to pay off credit card bills, purchase a new home, pay for college, or invest in home improvement projects.Read More

Cash Out Refis – What, Why, When; Rates?

Reminder: Owner Occupancy Ratios in condo complexes are irrelevant if a buyer intends to occupy the unit. Owner Occ Ratios can be as low as 10% and Fannie or Freddie […]Read More

HELOC vs. Cash Out; Fed Cuts Fed Funds Rate

Borrowers in need of cash often wonder if they should get a Home Equity Line of Credit (HELOC) or if they should just refinance into a larger first mortgage with […]Read More