With mortgage rates still at record lows, many homeowners are in a position to save hundreds of dollars a month on their mortgage payments. Black Knight, a mortgage technology and data provider, said this week that it believes a record number of homeowners – some 19.4 million in all – are now eligible to refinance
Study finds that 75% of homeowners could reduce their mortgage payment through refinancing
September 17, 2020 by
With the 30-year fixed-rate mortgage at an all-time low, the pool of homeowners that could benefit from refinancing and lower their monthly mortgage repayment has increased dramatically, experts say. In fact, some 75% of homeowners, or around 19.3 million, could benefit, according to data from mortgage software and analytics firm Black Knight. That’s the largest
Home equity available to borrowers hits all-time high
April 5, 2018 by
Rising home values mean that homeowners are getting richer. Now, the amount of equity available to homeowners is at an all-time high, according to mortgage industry solution provider Black Knight Financial Services.
Black Knight report shows foreclosure crisis is almost over
March 27, 2018 by
With U.S. housing markets steadily continuing their recovery from the last decade’s financial crisis, distress markers are diminishing faster than ever.
