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Stock impact report

Americans refinance into lowest-ever mortgage rates, despite obstacles [Yahoo! Finance News]

Black Knight, Inc. (BKI) 
Last black knight, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NYSE Investor Relations: blackiron.com
View photosAmericans refinance into lowest-ever mortgage rates, despite obstaclesA new report shows mortgage refinancing is close to a seven-year high, and demand for refi loans is more than triple what it was a year ago — even while borrowers are facing new barriers to getting mortgages.Homeowners looking to take advantage of some of thelowest mortgage rates on recordMillions of owners are still good candidates for refinancing and can slash their monthly house payments, often by $100 or more.Refinancing becomes more challengingWAYHOME studio / ShutterstockHomeowners whose mortgages have interest rates at 4.25% or higher have been salivating over today's rates that are much lower — at levels never seen before.The Mortgage Bankers Association says rates on 30-year fixed-rate mortgages have been averaging 3.45%, a record low for the trade group's weekly survey.Mortgage giant Freddie Mac says30-year mortgage ratesBut in recent weeks, as the coronavirus crisis has worsened, major lenders Show less Read more
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