22 Apr 2021 4 Major Reasons Households in Forbearance Won’t ... There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance […] Share on Facebook Share on Twitter
23 Feb 2021 What’s the Difference Between an Appraisal and a... If you’re planning to buy a home, an appraisal is an important step in the process. It is the professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the […] Share on Facebook Share on Twitter
5 Oct 2020 What Is a Mortgage Rate Lock? Mortgage interest rates can fluctuate rapidly – they move up and down from day to day and even from hour to hour. This can impact the amount you pay when you refinance your mortgage. A mortgage rate lock protects you from costly fluctuations and freezes your interest rate while you close on your refinance. What […] Share on Facebook Share on Twitter
14 Sep 2020 Questions to Ask a Mortgage Lender Owning a new home is a huge milestone and one of the many individual life goals that we strive to achieve. To achieve this dream, one has to figure out a reasonable and achievable plan to make owning a home a reality. After all, only a small percentage of people can afford to pay for […] Share on Facebook Share on Twitter
18 Aug 2020 A Guide for Avoiding First-Time Home Buyer Mistake... Being in a position to buy a new home is a dream come true for most. The anticipation of sealing the deal for a coveted home can be nail-biting, so making sure that one pace themselves is vital to the home buying experience. To avoid the pitfalls that can come with buying a home for […] Share on Facebook Share on Twitter