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News & Press: Industry News

Refinancing Eligibility Surges

Tuesday, March 17, 2020  
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Housing Wire reported that mortgage data and software firm Black Knight has calculated that low borrowing costs have made 11.1 million U.S. mortgages “refi eligible,” meaning borrowers would save money with a new home loan even after costs. The average savings per borrower would be $268 a month according to Black Rock with homeowner’s equity said to be above $6 trillion.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
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