Waiting to Buy a Home Could Cost You BIG $$
Waiting for just the right time to buy a home can be tricky. Determining future home values and mortgage rates can determine if it’s financially better to buy now rather than wait!
How Fannie Mae’s New Credit Score Rule Affects You
Fannie Mae recently announced a major shift with a new credit score rule that will make it easier for co-borrowers from dual-income households to be eligible to buy or refinance their home. Here is a breakdown of the new change and how it can impact your dream of owning a home!
What to Expect When Refinancing During a Pandemic
Mortgage refinancing recently soared to unprecedented levels due to the COVID-19 pandemic and the Fed’s emergency rate cuts. Here is an overview of what to expect from a home refinance during a pandemic.
What to Do If You Chose Forbearance?
Offered in the $2.2 trillion stimulus bill or CARES Act that Congress passed in March, forbearance had some unintended consequences for borrowers.
What is Forbearance?
Forbearance is when a lender agrees to let a borrower postpone payments until a later date. The payments are not eliminated.
Does Mortgage Forbearance Affect Your Credit?
While your health and welfare are top priorities during the COVID-19 pandemic, you may also be concerned about how current economic conditions can impact your financial situation.
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