Borrowers in Forbearance CAN Refinance
Last month the Federal Housing Finance Agency announced changes to Fannie Mae and Freddie Mac forbearance policy that will allow borrowers to refinance out of their modified loans. In the past, mortgage loans in forbearance could not be refinanced for at least 12...
5 Reasons to Refinance your Mortgage
With mortgage rates at historic lows, it can be difficult for homeowners to get straight answers on refinancing – is it right for you? When, exactly, is the best time to refinance your mortgage? It all depends on your situation and reasons for refinancing....
Virtual House Hunting
If you are a future homebuyer or have been pursuing listings, you may have noticed a rising increase in homes with virtual options, such as virtual walkthroughs and virtual open houses. With the current situation of the world today, real estate agents are forced to...
Think twice before going to mortgage forbearance.
Four of the five largest banks in the U.S. have agreed to let California residents skip mortgage payments for 90 days if they have lost their jobs or are struggling financially due to the coronavirus pandemic. The recently passed Coronavirus Aid, Relief, and Economic...
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