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 »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 »Refinance Applications Hit 10 Year High Amid Coronavirus Fears
2 minute read 30-year fixed-rate mortgage rate on a $ 400,000 loan is 3.5% Mortgage applications are up 55% in the past week, 192% in the last 12 months The Dow Industrial Average is down 20% in the past month alone San Fransico and Washington state have outlawed gatherings of …
Read More »Should I refinance? Here are 5 factors to consider before you refinance your mortgage
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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