Too frequently, media coverage suggests a Fed rate cut would coincide with lower mortgage rates and vice versa. But in practice it can be just the opposite! Let’s take a look at what the Fed is actually about to cut and how it might impact rates. What is the Fed Funds Rate? The Fed Continue Reading →
Last week, President Trump officially signed the Blue Water Navy Vietnam Veterans Act into law. The timing is just about perfect, right before the 4th of July! This new bill has been in the works for some time and it greatly impacts the benefits that veterans can receive. Some aspects Continue Reading →
If you have an existing VA loan, now is the time you might want to consider refinancing it as an Interest Rate Reduction Refinance Loan (IRRRL). It may sound like a mouthful, but it is a great option for many veteran homeowners looking for VA loan refinancing. Refinancing a VA Continue Reading →
There’s no doubt that the banking industry has changed a lot in the past 10-20 years with the advance of technology, with so business done over the internet and through apps. These changes have greatly affected the mortgage industry. If you go way back in time, there were a lot Continue Reading →
It’s been 11 years since the housing market collapsed in 2008 and stricter mortgage regulations went into place. Since then, the market has certainly changed with home prices continuing to rise year after year and mortgage rates staying reasonable. Mortgage regulations have also softened and more loan options have been Continue Reading →
