As mortgage rates start to climb due to rate increases by the Fed and with housing inventory still in short supply, homebuyers may find themselves in a very competitive market. This has led many homebuyers to feel pressured to move quickly when shopping for a home and possibly stretch their budget to the limits. According […]
Due to historically low interest rates, many homeowners are refinancing their mortgages. In fact, close to 1.7 million U.S. homeowners refinanced over April, May and June of this year, according to Attom Data Solutions. This is over double the number who refinanced loans during the same period in 2019. The coronavirus has had a major […]
The end of the extra $600 per week unemployment benefit will happen this week if Congress doesn’t manage to pass an extension and that could be a huge problem for many families. Over the last few months, Americans who qualify for unemployment insurance have received an extra $600 a week in federal assistance on top […]
If you are in the market for a new home, one of the first things you need to do is get pre-approved for a mortgage. In almost all cases this means tons of paperwork, most mortgage lenders require extensive documentation before they will fund your loan. Before you start the process, it is helpful to […]