Refinancing


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Cash-out mortgage refinancing hits 14-year high
National

Cash-out mortgage refinancing hits 14-year high

As home values continue to climb, owners eager for extra cash are seeing their dreams come true. Borrowers extracted...

Cash-out mortgage refinancing hits 14-year high
(iStock)

Chicago mortgage refis soared in 2020

The Chicago housing market ended 2020 on a high note, a trend that also helped boost mortgage refinancings. Just over 183,500 mortgage refis were recorded in the Chicago area last year, twice the number...

Chicago mortgage refis soared in 2020
Macerich CEO Thomas O'Hern and PJT Partners CEO Paul Taubman (Macerich, PJT)
National

Macerich taps PJT Partners for assistance

As Macerich battles liquidity issues, the mall owner has tapped an investment bank for assistance managing its debt. PJT Partners, whose specialties include debt restructuring, will advise on options for a $1.5 billion revolving...

Macerich taps PJT Partners for assistance
(iStock)
National

Older Americans increasingly saddled with housing debt

The share of older Americans with housing debt has doubled over the last 20 years, rising from 15.3 percent...

Older Americans increasingly saddled with housing debt
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