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 →
The Federal Reserve and other central banks across the globe have been trying—and failing—to generate higher inflation for more than a decade. Inflation is generally viewed as a sign of a growing economy. While other indicators rose in recent years, the inflation rate hasn’t gone up accordingly and the banks Continue Reading →
Coronavirus has impacted all financial markets, including the mortgage industry. However, some experts are seeing some positive trends in relation to the real estate market as we eventually look to come out of this major economic downturn. More specifically, they are looking at how home prices will react during this 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 →
