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What do mortgage lenders look for on bank statements? When you apply for a mortgage, lenders look at your bank statements to verify that you can afford the down payment, closing costs, and mortgage payments. You’re much more likely to get…
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Yet interest rates are still pretty low, and will remain so from a historic standpoint. And while the refinancing boom has eased, homeowners will still have the need to refinance their homes, she added. Higher interest rates have curbed the…
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Indeed, the explosive refinancing boom kick-started by record levels of property valuations nationwide is ending on something of a whimper as interest rates continue to creep up. The trend inevitably will result in a significant impact on…
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