Refinancing
A publicly traded real estate investment trust and its developer partner successfully refinanced the Marriott Dallas Uptown hotel following a wave of loan maturities that put a squeeze on the hospitality sector. M&D Commercial Group previously published a market report indicating some $1.5 trillion in CRE debt was expected to mature by the end of…
The refinance market is booming with homeowners taking advantage of record low interest rates. However, millions of homeowners are passing on the opportunity to save money by refinancing their current home mortgage. Many of those mortgage holders are just not sure if refinancing is worth it. The Pros And Cons Refinancing is replacing a current…
Consumer and credit card debt is at a all-time high, says Bob Johnson (AKA BobMortgage) in the 27th episode of The BobMortgage Zone. But how do you prioritize your financial health? Consumer debt puts stress on more than just finances, it puts strain on relationships and makes for many sleepless nights. Financial health can start…
For the 73rd episode of the Mortgage Report, Bob Johnson (AKABobMortgage) reveals that the Mortgage Bankers Association announced that refinance applications are down, but home purchase applications are up. What does it mean? Bob explains that and more. And pro-tip: If you follow BobMortgage on Instagram, you can get daily updates on Bob’s lock or float positions,…
With rates falling as they have over the past few years, a lot of people refinanced their homes and investment properties. And yet, rates keep falling to historic lows. Does it make sense to refinance again? I recently spoke to Marcus McCue, Senior Vice President of Guardian Mortgage Company about my own situation with an investment property…
