· Black Knight Financial Services released its latest Mortgage Monitor today, showing the post Brexit’ effect on consumers. The report that was based on the end of June 2016 data noted that 8.7 million homeowners may now be eligible to refinance, which is the highest level in approximately 10 years. 1.2 million borrowers with 4.25 percent interest would benefit from a refinance just two weeks.
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Recent, record-low reductions in the average 30-year mortgage interest rate have expanded the population of borrowers who could benefit from refinancing by nearly 25%, according to the latest.
As of September, there were at least 7.4 million 30-year mortgages that could benefit from refinancing, according to Black Knight’s Mortgage Monitor Report. In fact, more homeowners are eligible for refinancing today compared to one year ago, due to the fact that rising home prices have brought many homeowners out from underwater.
Black Knight’s February Mortgage Monitor reported 7.1 million borrowers could benefit from a refinance. That number could decline as rate climbs, however. Keep reading to learn more.
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About 6.5 million mortgage borrowers could qualify for and benefit from refinancing their home loans, according to the Mortgage Monitor Report from Black Knight Financial Services, which could.
Black Knight’s February Mortgage Monitor: 7.1 Million Borrowers Could Benefit From a Refinance; Florida Accounted for 26 Percent of Distressed Sales in 2014 By Published: Apr 6, 2015 9:00 a.m. ET
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As the U.S. enjoys the longest economic expansion on record, this week in real estate Black Knight estimates that 8.2 million borrowers could benefit from a refinance for a.
Years into the refinance boom Black Knight Financial Services estimates there are still millions of homeowners who could qualify for and benefit from turning in. would take out an additional 1.
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service, which will benefit the business in. 2010 and beyond.. longer making decisions in the dark. as a result, my blood.. is planning to refinance the facility during the course of.. 1 January 2009, making it mandatory to capitalise borrowing costs that.. intangible assets capitalised to date of 11.3m (2007: 7.1m),
According to Trey Barnes, Black Knight’s senior vice president of Loan Data Products, recent reductions in the average 30-year mortgage interest rate have expanded the population of borrowers who could benefit from refinancing by nearly 25 percent.
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