The Accunet Mortgage Show (7/24/16 Episode)
How much is a trillion? Accunet’s Brian and David Wickert explain how a trillion is not just a unit of measurement used for mortgages outstanding in the United States, but it’s also a measurement that’s used for our economy and national debt. Another big topic of discussion on this week’s Accunet Mortgage and Realty Show is refinancing by divorce. When a married couple gets divorced, usually one of the ex-spouses has to refinance to remove the other party from the loan. Brian and David provide a detailed overview of this process with everything you need to know and what you should avoid while refinancing during a divorce.
With the national average 30-year fixed-rate reported at 3.45 percent this week, many homeowners are taking advantage of refinancing, but there is one obstruction that might surprise you. Brian and David tell listeners what that obstruction is and how it hinders the refinance process. Plus, the guys go through seven different variables that will impact your ability to determine your rate today on a 30-year fixed-rate loan. Find out what these variables mean for Loan-Level Price Adjustments and your mortgage.
Brian and David conclude this week’s show with a story about a last minute closing that almost never happened. Listen below and learn how the nimble team at Accunet successfully pulled off the job.
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