With COVID-19 fears spreading as fast as the virus itself, businesses have shut down and a record number of Americans have either lost their jobs or taken dramatic pay cuts. That’s led to many American homeowners looking to see whether the CARES Act, the government-backed stimulus package, can help them …
Read More »Planning To Refinance Your Mortgage? Here’s What to Expect
The coronavirus pandemic has disrupted life for virtually every American. That includes homeowners—particularly owners who may have been considering a home sale before the COVID-19 crisis hit but who are now skittish about listing their properties in an uncertain real estate market. But not all the news is negative. One …
Read More »Mortgage rates still a silver lining, new drug gives markets life
A huge development overnight has the stock market rallying early Friday morning. Reports claim that a drug named remdesivir has helped treat those suffering severe symptoms of the coronavirus COVID-19. The report from STAT news says the drug was the first to show positive healing effects in lab tests and …
Read More »COVID-19 stimulus checks: What you need to know
By now, you’ve heard a lot about the COVID-19 stimulus checks, and maybe you’re even one of the millions of Americans who have already received one; the first delivery started dropping earlier this week. There’s a lot of online chatter about who’s eligible, how much to expect and when checks …
Read More »Why It Just Got Harder to Get a Mortgage or Refinance
3 minute read We’re in the middle of a global pandemic, and the stock market in well off its highs. 6.6 million Americans filed for unemployment in the week ending April 4th. Yes, interest rates are very low right now, and lots of homeowners could save money by refinancing their …
Read More »Can I skip a mortgage payment because of COVID-19?
The coronavirus pandemic has us all concerned about our health, the safety of friends and family and about our jobs. Businesses that haven’t closed have probably seen a significant loss of revenue, leading to record numbers of workers experiencing a partial or total loss of income. While waiting to return …
Read More »Types of Mortgage Loans Available
7 minute read If you’re planning on buying a home this year. You’re probably aware there are many different types of home loans available to you. But how do you decide which type of mortgage loan should you choose? We will go over all the mortgage programs available and discuss the …
Read More »Why buying a home can be smart move during a recession
BY Erik J. Martin 4 minute read Amid an economic downturn and on the heels of the pandemic crisis, Americans previously considering a property purchase may be asking themselves: Why would I want to buy a home anytime soon, considering all the risk and uncertainty in the market right now? It’s a …
Read More »Fed outlines $2.3 trillion plan, mortgage rates stay low
The stock market ended this week with an upswing at all three major indices saw double-digit wins. The market is closed today in observance of Good Friday. The S&P 500 raced to finish up more than 1% Thursday putting it up more than 12% for the week. This has been …
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