Sentences with phrase «refinancing in these declining markets»

FHA's 3.5 % home equity requirement facilitates refinancing in these declining markets.

Not exact matches

In today's declining real estate market, this ruling pretty much allows junior lien removal on most properties bought or refinanced since 2004.

For instance someone locked into a fixed mortgage might look at refinancing when market conditions result in a substantial interest rate decline.

If your home has appreciated and your loan balance has declined, and market conditions are favorable for refinancing, you could simply get a new mortgage that doesn't require PMI in the first place.

Another reason for its market - share drop was a decline in the percentage of loans that are refinancings as opposed to purchase mortgages, says Joe Morford, an analyst with RBC Capital Markets.

«The decline in average refinance loan size is also a feature of a declining refinance market.