Just Approved: Cash-out refinances make a comeback

Oct 19, 2020 |

Mortgage advisor: Dominique Stevens, Mayfair Mortgage Advisors. Property type: Single-family home in Oakland. Loan amount: $425,000. Loan terms: 30-year fixed rate loan. Loan rate: 2.75%. Backstory: Home equity appreciation is soaring thanks to the Bay Area’s strong seller’s market. And interest rates remain at historical lows. Homeowners are motivated to refinance their mortgages and pull […more]

Posted in: San Francisco

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