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There’s a lot of talk about automation in our industry, but what does it really look like to take humans out of the mortgage process? We sat down with Ari Gross, CEO of SoftWorks AI, to talk about how.
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Mortgage Refinancing. Refinancing your mortgage allows you to pay off your existing mortgage and take out a new mortgage on new terms. You may want to refinance your mortgage to take advantage of lower interest rates, to change your type of mortgage, or for other reasons.
Mortgage rates were flat in the week, following just a 2 nd weekly rise in 8 weeks in the week prior. In the week ending 11 th July, 30-year fixed rates held steady at 3.75% following a 2 basis point.