Though the country’s economy as a whole took a hit in the second quarter of 2020, home values did not. Owners’ equity rose significantly in Q2. A Look at the Numbers As Q3 nears its end, we are seeing official data come in for Q2. The Federal Reserve recently released Continue Reading →
The Federal Housing Finance Agency (FHFA) just announced that it will be pushing back the proposed refinance mortgage fee from September 1 to December 1, 2020. This means that Fannie Mae and Freddie Mac will not be implementing this controversial loan pricing adjustment for three more months. Understanding the Refinance Continue Reading →
Fannie Mae and Freddie Mac recently posted an article co-written by their respective CEOs, Hugh R. Frater and David Brickman. They wanted to personally address some of the latest news and information coming out about their organizations, primarily the pricing adjustments they are planning to implement on refinance mortgage loans. Continue Reading →
Earlier this week, we saw the biggest jump in mortgage rates in the past 2 months. The rates are still historically low by any standards, but this this quick jump upward just shows how volatile our market is during this pandemic. There is so much uncertainty in 2020. Fluctuating mortgage Continue Reading →
As the economy slowly recovers after the coronavirus shutdowns, the real estate and mortgage markets have rebounded rapidly. Home buyers are eager to move during this condensed summer market, especially since it’s hard to say if we’ll experience more shutdowns this year as the virus numbers continue to rise again Continue Reading →
