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!
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!
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.
Offered in the $2.2 trillion stimulus bill or CARES Act that Congress passed in March, forbearance had some unintended consequences for borrowers.
Forbearance is when a lender agrees to let a borrower postpone payments until a later date. The payments are not eliminated.
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.