An interesting thing has been happening in the real estate market amidst the COVID-19 pandemic. Home prices are actually continuing to go up while most other economic indicators have been dropping fast. What makes this recession different than what we experienced in 2008? When the economy collapsed in 2008, the Continue Reading →
When the federal government rolled out the CARES Act and other programs aimed at helping businesses and individuals get through these uncertain economic times, there was a lot of confusion and misinformation out there. Many homeowners still weren’t sure what they could or couldn’t do because of certain mortgage regulations Continue Reading →
With the impact that COVID-19 has had on the nation’s economy and its financial markets, the mortgage brokers are dealing with significant challenges now. We’ve seen record lows at times, but also more wild rate fluctuations that are very unpredictable. Even when mortgage rates have been very low recently, getting Continue Reading →
So many homeowners have pressing mortgage questions right now. They want to know their mortgage options. People are losing their jobs, even if some might only be on a temporary basis. The country has seen record highs in unemployment applications, with California being one of the hardest-hit states economically. Meanwhile, Continue Reading →
Like just about everything in the world right now, the mortgage market has gone a bit crazy. It’s hard to predict anything from one day to the next. And, like most economic markets amidst the coronavirus (COVID-19) pandemic, the mortgage industry is dealing with a multitude of challenges. 2008 vs. Continue Reading →
