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 …
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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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If you’ve experienced a temporary setback — like unemployment, a job furlough, a divorce, the death of a household provider, illness or disability, or a natural disaster like a tornado or hurricane — and you’re unable to make your monthly mortgage payments for a short time, don’t panic. While many …
Read More »More than 10 million Americans have filed for unemployment over the last few weeks as the effects of COVID-19 continue to spread. Global cases have now topped one million with the United States seeing 1,000 deaths in one day due to the virus. The ongoing issues with the spread of …
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3 minute read With the world in quarantine with the ongoing coronavirus pandemic, the stock market is in bear market territory, sending interest rates even lower. A year ago today, March 17th, 2019 interest rates on a 30-year fixed-rate loan was 4.25% (that’s historically low) Today it’s 3.25%! If you’re …
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2 minute read The Coronavirus has hit the United States hard. Rudy Gobert of the Utah Jazz in the National Basketball Association tested positive for the Coronavirus on Wednesday, March 11th. In response, the NBA suspended the season for a period of at least 30 days. Every other sports league …
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Buying a home is a daunting task. In Los Angeles, where prices are premium and still rising, it is common for many prospective homeowners to sink their entire life savings into buying a nice house. For most buyers, especially those who have never owned a house before, pricing isn’t the …
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An incredibly volatile week on the stock market spurred an all-time low for both the benchmark 10-year Treasury note yield and Freddie Mac’s 30-year fixed-rate mortgage average. A lot happened this week so let’s take a look at the highlights: Dow stays in correction due to virus fears and political …
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Mortgage rates are at record lows — and that’s prompting a wave of refinancing activity as Americans look to take advantage of the savings a cheaper interest rate could bring. Refinance loan volume had jumped to the highest level since June 2013 back in early February, on the heels of …
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