Weighing your options

When an inexperienced buyer considers a mortgage, most immediately turn to their bank. Having pre-existing relationships with your bank is a natural place to go. However, although the good relationship can be comforting, asking your bank for a loan before shopping around for better loan sources is a poor way to get the best mortgage
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Coronavirus (COVID-19) Help

To ALL my past, current and future clients. DO NOT apply for forbearance on your mortgage payments unless it is 100% necessary. The payments are NOT FORGIVEN. It is imperative to understand all the implications before doing so. Contact me today to discuss in details. For any of you who ABSOLUTELY needs financial relief in
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Fed cuts rate to ZERO?!

What does this mean for my mortgage? I am getting a flood of texts, emails, and voicemails. Although the Fed lowered the PRIME RATE, they did not just drop mortgage rates to 0%. Short-term debts are based on prime; auto loans, credit cards, HELOCs, and other short-term debt. Mortgage rates are based on mortgage backed
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Mortgage rates are at a new low

Literally anyone who has received a mortgage in the past 50 years can find a better rate now! Current mortgage rates, as you may have heard, are dropping as a direct result of the worries about the Corona-Virus pandemic. The fact that it’s spreading makes it worse for people but better for borrowers. The major
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Do I have a mortgage with good interest rate?

This is a very popular question. A survey from Bankrate shows that the average borrower is paying 4.41% for their mortgage, instead of the market price of 3.7%. As an example a $300,000 mortgage with 30-year fixed rate, has a $125 monthly payment difference between these two rates.  Over the lifetime of the loan that
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