The COVID-19 pandemic caused millions of Americans to experience financial hardship. As a result, some homeowners haven’t been able tokeep up with their mortgage payments. To provide some relief, the federal government included a mortgage forbearance plan in the CARES Act for federally backed m...
There’s little the COVID-19 outbreak hasn’t touched, but homeowners may find relief in thepandemic’s impact on home refinance pricesand mortgage rates. Even homeowners who bought as recently as last year may benefit fromrefinancing their existing mortgage now. Low rates may not hold indefinit...
There’s no shortage of breaking news right now. Among all the information coming at us every hour (or every few minutes, it seems) is the news that mortgage rates are low and refinance volume is up. That's no surprise to people who work in the mortgage
Builder confidence in the housing market slipped in January amid concerns over material costs, labor shortages, and the resurgence of COVID-19. Despite the decline, builder sentiment remains positive overall. Meanwhile, mortgage rates ticked down slightly. ...
Refinance your current equipment loans, or free up the sunk capital in hard assets that your business already owns to gain ready cash. Commercial mortgages: depending on the loan-to-value of the property, (LTV), borrow against your business premises. Refinance your current business mortgage or ...
Some might argue that waiting for interest rates to drop due to the current economic conditions is the best approach. While that might be true in the case of a mortgage refi where the transaction can cost thousands of dollars,there is almost no harm in refinancing student loans multiple times...
Mortgage rates are at all-time lows, and refinance activity is high. Pre-COVID, many homeowners may have been surprised to hear that hanging on to the same mortgage rate through the life of a loan isn’t recommended. But with the economic changes brought on by the spread of the coronavir...
“tangible benefit” in the form of a lowerinterest rate, a change of loan terms or a switch from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage. When using an FHA streamline refinance, you’re unable to withdraw more than $500 (as cash-out), your mortgage must be in ...
Advanced Funding Home Mortgage Loans is one of most trusted and respected mortgage companies in Utah. Whether you’re buying a house or needing to refinance, our Utah mortgage brokers have the knowledge and experience to ensure a pleasant home loan exper
Refinancing your mortgage can be a smart financial move if the savings you get from a lower interest rate will eventually outweigh your closing costs.