John Lemos's (jplemos) Blog

The Mortgage Bankers Association released their Mortgage Application Data for the week ending 6/16, showing that overall application volume increased by 0.6%. Applications to Purchase a home were down 1.0%, but are still up 9.2% year over year.  Refinances increased by 2.0% and are down 30% from ...

Three Great Reasons to Consider a Cash-out Refinance Interest rates on home loans are near their best levels of the year, while home values in many parts of the country have increased.  In this environment, many homeowners are considering a “cash-out” refinance.  This is where you pay off your ol...