Market Update – June 9, 2020
Tuesday, 09 June 2020
The coronavirus sweeping the nation has also swept the housing market off its feet. Mortgage rates have been dropped to ideal levels to help potential buyers with their purchases, and thereby slightly boosting the economy. Even before the pandemic, rates were already sliding downwards due to the Federal Reserve pushing policies that were aimed to
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What to expect if you are interested in refinancing
Friday, 29 May 2020
Total mortgage applications shot up 7.3% due to refinances just recently. Currently, every lender is trying their hardest to help people take advantage of the historically low mortgage rates, but they’re also required to validate as close to the closing date as possible that their clients remain employed. This is to minimize risk of defaulting
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Buying or selling a home during the pandemic
Tuesday, 26 May 2020
Home sales usually take multiple days, and in a churning economy like now it’s more important than ever to learn the practices and precautions to help encourage clients to buy your properties or for you when you are out looking to buy. The first, physical step in preparing to buy a house is to be
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DIY home remodeling
Friday, 01 May 2020
Shelter-in-place can be a perfect time to complete DIY projects. When fixing up your house, it’s possible, even without professional help, to make your house appear bigger and better than it may seem on the outside. Here are some tips to increase appeal and to attract potential buyers in the future. Especially if you have
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Market update – April 16, 2020
Thursday, 16 April 2020
It’s an excellent idea to get a mortgage if you still have your job. Although the interest rate for a mortgage is not at zero percent, the current rates for mortgages are extremely low. However a lot of lenders have tightened up the guidelines toward employment verification, credit scores and debt ratios. It is a rather
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