Should We Fear the Surge in Cash-Out Refinances?

ICYMI: Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for a new one […]
http://dlvr.it/RwJ1Lf

Comments

The Benefits of Home Buying Counselors

Why It’s Still Safe To Sell Your Home

FYI: If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say […] http://dlvr.it/S7fcLX

Three Ways Low Inventory Is a Win for Sellers

FYI: The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s […] http://dlvr.it/RklCq3

Queens Real Estate Agent Blog

Search This Blog