What an interesting week with both stock and bond market!  The stock market started early this week with 2000 points increase and dropped over 7% on Thursday.  Jerome Powell, Chair of Federal Reserve, warned that the economy will take much longer time to recover due to the pandemic.  The investors cooled their optimism after the

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

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

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

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