Cash-Out Refinances Overtake HELOC Loans - Today's Mortgage & Real Estate News

Cash-Out Refinances Overtake HELOC Loans - Today's Mortgage & Real Estate News. Heloc Mortgage Payoff

Cash-Out Refinances Overtake HELOC Loans - Today's Mortgage & Real Estate News video duration 3 Minute(s) 9 Second(s), published by Growella on 16 07 2018 - 18:22:27.

https://growella.com/mortgage/ ▻ Today's mortgage and real estate news: (1) Black Knight research reveals homeowners opting for cash-out refinances over View more details at http://ultimatefinancialresources.com?aff=lytlefinancials.

In this video Michael Lush answers the question as to why this isn't as popular with banks
The answer might shock you
Also, Replace Your Mortgage Client Jay Lynn is retired and lives comfortably on her pension and social security
She doesn't have a mortgage, but she is paying off her home equity line of credit, which

https://growella.com/mortgage/ ► Today's mortgage and real estate news: (1) Black Knight research reveals homeowners opting for cash-out refinances over HELOC loans as mortgage rates climb (2) Today's mortgage rates, plus a look at the 5-day trend in rates; (3) A study from the National Association of REALTORS® shows Millennial home buyers choosing real estate agents based on their perceived negotiation skills, and that those choices may be flawed.

FROM THIS EPISODE
The data comes from the National Association of REALTORS® and it shows the opposite of what we'd expect should happen, right? Millennial buyers have access to so much information; use so many apps. Shop constantly. And, when asked by NAR what are the most important traits in a real estate agent, Millennial buyers more than any other age cohort said that negotiation skills were of number one importance. And that's great, except the two traits Millennials said were least important were years in business, and knowledge of a given neighborhood and these two traits experience and knowledge they're extremely important when you're trusting a person to negotiate the biggest purchase of your life. You know a lot of things, and the internet can teach you a lot. But, it cannot teach you everything.

Jump to the following:
(00:13) Black Knight Cash-Out Refinance Statistics
(01:36) Today's mortgage rates and the 5-day trend
(01:58) NAR Generational Home Buyers & Sellers Report

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