Have you been considering utilizing a mortgage forbearance program? Since April, over 7% of American homes have accessed a forbearance program to delay their mortgage payments. The program provides temporary relief by allowing them to push payments for 90 days,...
We all are facing uncertainties right now, and getting your mortgage refinance approved might be one of them. According to CNBC, mortgage applications are down 35% from last year and about half of normal volume in California. On the other...
This week, the government passed another record $2.3 trillion stimulus package in the hopes of giving American workers and small businesses some breathing room on bills and expenses. But while this week’s stimulus bill and the last one might provide...
It’s been a crazy couple of weeks for the mortgage industry. On Sunday, the Federal Reserve announced it will cut another half point from interest rates and, more importantly for mortgage rates, buy back $700 billion in US Treasuries and...
Coronavirus has been all over the news these past few weeks. With its spread to the U.S., last week the stock market saw its worst week since the financial crisis. The question is, with mortgage rates already near all-time lows...
