News & Resources
VA Streamline or VA Cash Out Refinance: Which One is Right For You?
posted by New American Funding | July 16, 2019
What Documents Do I Need for a Refinance?
posted by New American Funding | July 10, 2019
4 Questions to Ask Before Refinancing Your Mortgage
posted by New American Funding | June 27, 2019
Family Loan: Giving the Gift of Equity in a Non-Arm's Length Transaction
posted by New American Funding | June 25, 2019
To Refinance, or Not to Refinance, That Is the Question...
posted by New American Funding | June 20, 2019
Craftsman vs. Contemporary: Discovering the Differences
posted by New American Funding | June 13, 2019
Posted To: Pipeline PressThere are more stars in the universe than words ever uttered by all the humans who ever lived. (That’s a good line for tonight’s Happy Hour.) Money, on the other hand, is finite, and catching everyone’s attention this morning is a) Zillow telling us that 37% of U.S. homes are free and clear of a mortgage, and b) the Equifax settlement for $700 million in its 2017 data breach settlement from a consumer class action suit on behalf of 145 million people . The deal includes $77.5 million in attorney fees, per one story , and $300 million for credit monitoring – about $2 per head. I don’t know how this helps me, as my guess is that someone in a foreign land now has all of my “private” information. Can’t we take the billions that will be spent on space...(read more)
Posted To: MBS CommentaryIn the week just passed, bonds set to the task of confirming a ceiling in yields that had been forming at the end of the previous week. The friendly support put an end to the selling pressure that had been intact since the strong jobs report at the beginning of the month. European bond market strength and US stock market weakness were both generally supportive. But there wasn't quite enough momentum in the other direction to identify a new, positive trend. Bonds generally drifted sideways near the week's best levels on Thursday and Friday. In the week ahead, we'll have a moderate dose of data and events to digest in what otherwise will be a placeholder ahead of next week's Fed rate cut. Technically, next Wednesday should be referred to as a meeting or an announcement, but the...(read more)