Mortgage Blog | News and Tips- Valley West Mortgage

27 Apr

Mortgage Rates April 27, 2020

By Valley West Mortgage 15 Year Conventional, 30 Year Conventional, Appraisals, Breaking News, Did You Know, FHA 15 Year Fixed, FHA 30 Year Fixed, Housing Market, Interest Rates, Las Vegas Mortgages, Mortgage Lender, Mortgage Rates, Recent NewsNo Comments 0

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 market closely… If you’re in the market to purchase or refinance give us a call today (888) 931-9444 or (702) 696-9900

Valley West Mortgage Credit Score Requirements

01 Apr

Coronavirus-FHA 680 FICO

By Valley West Mortgage Breaking News, Community, Credit approval, Did You Know, FHA 15 Year Fixed, FHA 30 Year Fixed, Home Loans, Housing Market, Interest Rates, Las Vegas Mortgages, Mortgage Lender, Mortgage Rates, Recent NewsNo Comments 0

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 46 million mortgages since its inception in 1934 and it’s the only government agency that operates from its self-generated income.

17 Mar

Mortgage Rates March 17, 2020

By Valley West Mortgage 15 Year Conventional, 30 Year Conventional, Community, Did You Know, Federal Reserve, FHA 15 Year Fixed, FHA 30 Year Fixed, Home Loans, Housing Market, Interest Rates, Las Vegas Mortgages, Mortgage Rates, Recent NewsNo Comments 0

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

16 Mar

Mortgage Rates March 16,2020

By Valley West Mortgage 15 Year Conventional, 30 Year Conventional, Breaking News, Community, Did You Know, Events, Housing Market, Interest Rates, Las Vegas Mortgages, Mortgage Lender, Mortgage RatesNo Comments 0

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 a call today (888) 931-9444 or (702) 696-9900

12 Mar

Mortgage Rates March 12, 2020

By Valley West Mortgage 15 Year Conventional, 30 Year Conventional, Breaking News, Community, Did You Know, Events, Home Loans, Housing Market, Interest Rates, Las Vegas Mortgages, Mortgage Lender, Mortgage Rates, Recent News, Refinance LoansNo Comments 0

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 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

11 Mar

Mortgage Rates March 11, 2020

By Valley West Mortgage Breaking News, Community, Home Loans, Housing Market, Interest Rates, Mortgage Rates, Recent NewsNo Comments 0

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 in the market to purchase or refinance give us a call today (888) 931-9444 or (702) 696-9900

05 Mar

Mortgage Rates March 5, 2020

By Valley West Mortgage 30 Year Conventional, Community, Did You Know, Housing MarketNo Comments 0

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 reach lowest level in almost 50 years… Lock Recommended If you’re in the market to purchase or refinance give us a

04 Mar

Home Repairs or Replacement?

By Valley West Mortgage Community, Home TipsNo Comments 0

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, efficiency gains will help the windows pay for themselves. Usage, weather, maintenance, and material quality all have an impact on

04 Mar

What is Debt To Income

By Valley West Mortgage Did You Know, Home Loans, Mortgage Rates, Recent News, Refinance LoansNo Comments 1

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 better. How much debt do you have this month? Think about all of the bills you have to pay for

03 Mar

Mortgage Rates March 3, 2020

By Valley West Mortgage Breaking News, Community, Did You Know, EventsNo Comments 0

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 COVID-19 Falling rates boost refi eligible mortgages What the virus outbreakmeans for home loans, mortgage rates Lock Recommended If you’re