Market Update – January 27, 2021

As predicted, with the rollout of the COVID vaccine mortgage rates have rebounded the to their highest level in two months. Rates are currently at 2.79%, compared to the 2.65% a week ago. Now is the time to act if you have been waiting on the sidelines waiting to refinance your current loan. It’s not
Read more
No Comments

Out of box loans

For those who think they can’t get a mortgage on account of their low or nonexistent credit score, or writing off tons of expenses in their tax returns, there’s no need to fret, because there’s essentially 2 ways to get a mortgage. The first one being the more common of having a less than perfect
Read more
No Comments

Market update – January 20, 2021

Today is the inauguration day. The question of what President Biden will do to mortgage rates weighs heavily on consumer minds. By analyzing his future goals, experts have concluded that his goal of offsetting inflation and using government intervention to create affordable housing will result in a rise in both tax and mortgage rates. According
Read more
No Comments

Grueling decision in 2020

It’s common to see and hear people discussing the methods of how one should ideally act right now to refinance and mortgage rates are abysmally low. Recently, I was able to help some clients to refinance their loans during and after forbearance period. Under CARES act, borrowers are able to defer or lower their payments
Read more
No Comments

Market update – December 21, 2020

Mortgage rates slide to a record low for the 15th time this year due to disappointing economic data and stimulus plan in Capital Hill. The sudden influx of new COVID-19 cases added the pressures on pushing the rates even lower and ignored the incoming vaccine. The Fed has taken the vow to keep short-term interest
Read more
No Comments