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In February, Naples, Fla., registered the highest annual home price increase at 41.4%. Cape Coral, Fla., followed closely with a 40% yearly gain. By contrast, two metros in upstate New York posted the lowest price appreciation in the…
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Today’s mortgage and refinance rates Average mortgage rates soared yesterday. And many borrowers are now facing a rate of over 5% on a 30-year, fixed-rate mortgage, even if they have excellent credit, solid finances and hefty down…
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Can you refinance a jumbo loan? Yes, you can refinance a jumbo loan. And there are plenty of reasons you might want to do so. You can refinance your jumbo loan to switch from an adjustable-rate mortgage to a fixed-rate loan, to cash out…
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