Mortgage Rates April 27, 2020
Mortgage Headliners: Getting Answers...Should I delay my mortgage payment... Homeowners with federal loans won’t have to pay lump sum after pausing payments Coronavirus related forbearance requests still on the rise… The housing industries response to the corona virus… Nearly 10% of FHA and VA borrowers are in forbearance. Total forbearance nearing 7%... We’re watching the […]
Coronavirus-FHA 680 FICO
Things are moving so quickly in the market with the coronavirus being at the forefront, everyone is feeling hardship across the board. FHA Loans provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. It is one of the largest insurers of mortgages in the world, insuring more than […]
Mortgage Rates March 17, 2020
Mortgage Headliners: Economist predicting emergency rate cut this week… Negative Interest Rates Unlikely… Coronavirus economic package in full... Trump is considers letting homeowners delay mortgage payments... We’re watching the market closely… If you’re in the market to purchase or refinance give us a call today (888) 931-9444 or (702) 696-9900
Mortgage Rates March 16,2020
Mortgage Headliners: Mortgage stress test changes suspended… Why you can't get that historically low mortgage rate… Coronavirus sends mortgage rates lower… Mortgage investors cheer as Federal reserve starts… Fed funds rate pinned at zero… Keep your eyes on stock news… Preparing for Recession… We’re watching the market closely… If you’re in the market to purchase or refinance give us […]
Mortgage Rates March 12, 2020
Mortgage Headliners: A flood of mortgage applications drive rates higher... How the coronavirus outbreak is moving mortgage… Mortgage rates rise sharply from last week's record low… Mortgage rates are mixed after hitting all-time lows… Mortgage demand is so high that lenders turn away… Coronavirus looms over crucial spring season for housing… Bonds are responding… We're […]
Mortgage Rates March 11, 2020
Mortgage Headliners: Mortgage applications increase over 55%... Refinance applications surge to decade high... Plunging mortgage rates might not end U.S. Housing... Mortgage rates rising at fastest place… The US should suspend mortgage and rent payments… The banks are back in residential mortgages… U.S. mortgage lenders urge customers to ask about forbearance… Lock Recommended If you’re […]
Mortgage Rates March 5, 2020
Mortgage Headliners: Mortgage rates are plunging, but will coronavirus... US mortgage rates sink to a record low on COVID-19 fears... Long-term mortgage rates tumble to record low... 30-year rate falls to record low... Mortgage rates hit a new record low, and they might keep falling... Mortgage rates dip to lowest point record... Wow! Mortgage rates […]
Home Repairs or Replacement?
Being a home owner is often a rewarding experience. Homes need to be continually cared for, and everything inside has a lifespan. Understanding this will ensure their replacement doesn't put you in a bind. Windows 8-40 years Old, out-of-date windows aren't merely an aesthetic problem — they can also lead to higher energy bills. Over time, […]
What is Debt To Income
Your debt to income ratio or DTI, is a figure that allows a lender to analyze your monthly spending habits. They use your DTI to determine how you manage your money. You want your debt to income to be as low as possible to ensure that your chances of being offered a lower rate is […]
Mortgage Rates March 3, 2020
Mortgage Headliners: Mortgage Rates Are Near All-Time Lows As Coronavirus Worries Hit Market There are 11.1 Million Refi candidates, With $2.99B in Potential Savings In rare move, Fed issues emergency rate cut to bolster economy from coronavirus Refinancing Field Day Low mortgage Rates Push U.S. Property Prices Mortgage outlook: Rates continue to slide spurred by […]
