FoxRock Refinances Quincy Office Building for $27M
Quincy-based commercial real estate company FoxRock Properties recently refinanced a North Quincy office building for $27 million.
FHFA Nixes Adverse Market Fee
The Federal Housing Finance Agency is offering a weekend present to loan originators looking for refinance business and homeowners looking to refinance this summer by announcing the end to its Adverse Market Fee.
GSEs to Delay Refinance Fee Until December
The Federal Housing Finance Agency has delayed a new mortgage refinancing fee scheduled to take effect next week and added exemptions for certain loans, moves applauded by local and national trade groups.
Refinance Activity Picked Up Last Week
Record low mortgage rates helped drive an increase in refinance activity across the country last week, according to the Mortgage Bankers Association’s latest surveys.
More Americans Choosing Not to Tap into Their Home Equity
American homeowners are doing something surprising: Despite record amounts of home equity available to them – an estimated $1.5 trillion – they are tapping into it less via home-equity credit lines and cash-out refinancings.
Refinancing Activity Soars as Mortgage Rates Decline
Mortgage applications and refinancing activity soared at the end of March as mortgage rates continued to fall, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 29, 2019.
Four Newbury Street Properties Refinanced for $15M
Fantini & Gorga of Boston has arranged four loans totaling $15.55 million to refinance four mixed-use properties on Newbury Street in Boston.
Refis Expected to Drop, Triggering Consolidations Across Mortgage Industry
The precipitous drop in refinancing activity expected this year could bring about widespread consolidation in the residential mortgage lending and servicing fields, according to Loan Logics, a mortgage loan quality and performance management software company.
2016 HMDA Data Now Available
Data is now available on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA) for 2016.
DTX Buildings Refinance Debt
Three commercial properties in Boston’s Downtown Crossing have obtained $13 million in permanent mortgage refinancing.
MassDOT Eyes Diminishing Refinancing Savings As Rates Rise On Bonds
Moving to refinance bonds after the presidential election rather than before it has cost the Massachusetts Department of Transportation roughly $28 million in projected savings.
US Home Refinancing Activity Falls To Lowest Since June
Weekly U.S. mortgage refinancing activity fell last week to its lowest since June as home borrowing costs rose to their most expensive level in about three months, the Mortgage Bankers Association said on Wednesday.
