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Cash-out Refis: Rising Rates Can’t Stop Velocity From Rising Home Prices

March 30, 2021 10:49 pm

by confoundedinterest17 Trying to get a cash-out refi? With home prices rising at lightning speeds, even a slight up-tick in mortgage rates can’t stop the CASH-OUT WAVE! With home price growth now faster than at the peak of the housing bubble …

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80% of Mortgage Refis Are Equity Cash Outs

November 26, 2018 11:10 am

via yahoo: Rising mortgage rates are crushing much of the refinancing market. But Americans are still using refis to pull cash out of their homes. More than 80% of borrowers who refinanced in the third quarter chose the “cash out” option, …

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Cash Out Refis 10-yr High, Private-Label Credit Card Delinquencies At 7-yr High

May 26, 2018 8:52 am

via Mike Mish Shedlock If you think the economy is improving, you better check your facts and some disturbing trends. Despite the much ballyhooed “strong jobs” economy, things are not what they seem upon closer inspection. For example, Store-Branded Credit Card Delinquencies …

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