HOW THE CORONAVIRUS AFFECTS THE ECONOMY AND HOUSING MARKET

How The Coronavirus Is Impacting The Housing Market

BREAKING NEWS: How The Coronavirus Is Impacting The Housing And Mortgage Market There is no doubt The Coronavirus Is Impacting The Housing And Mortgage Market. The housing market was rock-solid prior to the coronavirus pandemic hitting the United States Not only did we have a strong housing market, but the United States economy has been…

Impact on Mortgage Rates Versus Fed Rate Cut To Zero Percent
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Impact on Mortgage Rates Versus Fed Rate Cut To Zero Percent

BREAKING NEWS: Impact on Mortgage Rates Versus Fed Rate Cut To Zero Percent. The coronavirus pandemic has turned the global economy upside down, especially in the United States.  The impact in the U.S. economy has affected corporations, small businesses, workers, and consumers. The coronavirus outbreak started in December 2019 and has escalated to many state…

Mortgage Closing Process

Mortgage Closing Process In Illinois On Home Purchases

This BLOG On Mortgage Closing Process In Illinois On Home Purchases Was UPDATED And PUBLISHED On March 23rd, 2020 Julie Hayward is the President and Managing Broker for Illinois based real estate company EDGE REALTY INC. and the author of this article Mortgage Closing Process In Illinois. Here is a Mortgage Closing Process In Illinois Question and…

HUD To Halt Foreclosure And Evictions

HUD To Halt Foreclosure And Evictions Due To Coronavirus Pandemic

BREAKING NEWS: HUD To Halt Foreclosure And Evictions Due To Coronavirus Pandemic Many of us remember the 2008 financial crisis. Millions of Americans literally lost their jobs overnight and were without income where they could not pay for their monthly housing payments There is no time in US history where foreclosure and bankruptcy rates have…

Trump Economic Stimulus

Trump Economic Stimulus Sends Stock Markets Higher

BREAKING NEWS: Trump Economic Stimulus Sends Stock Markets Higher But Mortgage Markets Are In Chaos The Dow Jones and other equity markets closed higher today after the Trump Economic Stimulus News. The financial markets spiked today after yesterday’s Dow 1,300 plunge The equity markets have lost all of the gains made since President Trump’s inauguration…

Coronavirus Impact On Housing Market

Coronavirus Impact On Housing Market As Dow Plunges 1,300

BREAKING NEWS: Coronavirus Impact On Housing Market As Dow Plunges 1,300 The Coronavirus Impact On Housing Market is a major concern for Americans. The stock markets are almost down 30% since its all-time high on February 12th, 2020 The Dow and other equity indexes are trading in bear market territory The 2020 housing market forecast…

Stocks Recover

Stocks Recover After 3000 Point Drop On Monday But Mortgage Rates Up

BREAKING NEWS: Stocks Recover After 3000 Point Drop On Monday But Mortgage Rates Up This breaking news article on Stocks Recover After 3000 Point Drop On Monday But Mortgage Rates Up was PUBLISHED On March 17th, 2020 The Dow Jones plummeted nearly 3,000 points yesterday after the Fed cut rates on Sunday. The emergency rate…

Fed Drop Rates To Zero
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Fed Drop Rates To Zero To Stimulate The Coronavirus Economy

BREAKING NEWS: Fed drop rates to zero to stimulate the coronavirus economy. The Fed drop rates to zero on Sunday due to the economic panic from the coronavirus pandemic.. However, the futures markets did not take the news of the stimulus as a positive. Future markets plummeted and trading halted. What this means is the…

Coronavirus Pandemic In Illinois

Coronavirus Pandemic In Illinois May Trigger Financial Meltdown

This BREAKING NEWS ARTICLE On The Coronavirus Pandemic In Illinois May Trigger Financial Meltdown Was PUBLISHED On March 15th, 2020 Illinoisans get more bad news due to the Coronavirus Pandemic In Illinois. Illinois Governor J.B. Pritzker will issue and declare a state of emergency to shut down all restaurants and bars effective Monday, March 16th…

Coronavirus Stimulus

Coronavirus Stimulus Announcement Package By Trump Surges Stocks

BREAKING NEWS: Coronavirus Stimulus Announcement Package By Trump Surges Stocks 1,985 Points: President Donald Trump declared a national emergency yesterday due to the coronavirus pandemic The Coronavirus Stimulus Announcement Package By Trump Surges Stocks 1,985 Points President Trump announced multiple Coronavirus Stimulus Packages on Friday As the President was talking, the Dow Jones and other…

Coronavirus Pandemic Plummets Stock Markets And Is Affecting Mortgage Rates

Coronavirus Pandemic Plummets Dow 2,300 Into Bear Market Territory

BREAKING NEWS: Coronavirus Pandemic Plummets Dow 2,300 Into Bear Market Territory Coronavirus Pandemic Plummets Dow over 2,300 into the bear market territory. All other equity markets followed the Dow Jones Industrial Average downward direction The financial markets opened lower this morning dropping 7% Trading halted for 15 minutes this morning after 5 minutes of trading…

Stocks Plunges

Stocks Plunges 1,465 Points Sending Markets In Bear Market Territory

BREAKING NEWS: Stocks Plunges 1,465 Sending Markets In Bear Market Territory Here we go again with the volatile financial markets. After the Dow soared 1,100 points yesterday, Stocks Plunges 1,465 points today sending markets in bear market territory All other equities markets followed the Dow Jones Industrial Average and closed lower The markets tanked today…

Why Are Lenders Increasing Rates When Mortgage Rates Are At Historic Lows?

Lenders Increasing Rates When Mortgage Rates Are At Historic Lows

This BREAKING NEWS On Why Lenders Increasing Rates When Mortgage Rates Are At Historic Lows Was PUBLISHED On March 11th, 2020 BREAKING NEWS: Why Are Lenders Increasing Rates When Mortgage Rates Are At Historic Lows? The coronavirus outbreak has shaken the financial markets The coronavirus was first reported in December 2019 in Wuhan China The…

Stocks Skyrockets On Stimulus News

Stocks Skyrockets On Stimulus News After Yesterday 2,100 Point Drop

This ARTICLE On Stocks Skyrockets On Stimulus News After Yesterday 2,100 Point Drop Was PUBLISHED On March 10th, 2020 Stocks Skyrockets On Stimulus News by President Trump to institute a payroll tax cut until the end of the year. The coronavirus outbreak has taken a toll on the financial markets Yesterday, the Dow Jones Industrial…

CORONAVIRUS OUTBREAK AND ITS IMPACT ON THE HOUSING MARKETS

Dow Sinks 2000 Points And Will It Impact The Housing Markets

This BREAKING NEWS On The Dow Sinks 2000 Points And Will It Impact The Housing Markets Was PUBLISHED On March 9th, 2020 The Dow Jones Industrial Average plummeted over 2,000 points today. Besides the coronavirus scare, the oil war overseas triggered the stock market selloff Monday morning 10-year Treasuries tanked to near lows At one…

Understanding Insurance

Understanding Insurance Protection For Consumers And Homeowners

This BLOG On Understanding Insurance Protection For Consumers And Homeowners Was UPDATED And PUBLISHED On March 9th, 2020 Good morning open enrollment blog for day 1 of the open enrollment period to purchase health insurance. Avoid high out of pocket cost and  medical bills by shopping for health insurance with multiple carriers  Get fully covered,…

Jobs Report Numbers For February At 273,000 Despite Market Selloff (1)

Jobs Report Numbers For February At 273,000 Despite Market Selloff

This ARTICLE On Jobs Report Numbers For February At 273,000 Despite Market Selloff Was PUBLISHED On March 7th, 2020 Record jobs report numbers for February were announced at 273,000 new jobs added in the U.S. This was great news despite the coronavirus outbreak uncertainty continues. The stock market selloff continues due to the fear and…

Stocks Soar

Stocks Soar 1,100 Points After Super Tuesday And Stimulus Hopes

This ARTICLE On Stocks Soar 1,100 Points After Super Tuesday And Stimulus Hopes Was PUBLISHED On March 4th, 2020 Stocks soar on Wednesday after the results of Super Tuesday and hope of more stimulus measures by the Trump Administration. Stocks soar more than 1,100 points which are 4.5% on Wednesday President Trump and his administration…

Understanding Mortgage Disclosures

Understanding Mortgage Disclosures And Regulations

This BLOG On Understanding Mortgage Disclosures And Regulations Was UPDATED And PUBLISHED On March 2nd, 2020 Borrowers planning on applying for a mortgage loan, whether it is a home purchase loan or a refinance, be prepared to be overwhelmed with dozens of paperwork: Borrowers need to sign and review before the mortgage loan application mortgage…

Coronavirus Death Reported

Coronavirus Death Reported And How It Will Affect Markets

This ARTICLE On The First Death Of The Coronavirus Death Reported And How It Will Affect Markets Was PUBLISHED On March 1st, 2020 Everyone saw it coming. The first Coronavirus Death Reported in Washington State over the weekend. This breaking news came after the stock markets closed on Friday The Dow Jones Industrial Average was…

How Serious Is The Coronavirus

How Serious Is The Coronavirus And Its Impact On The U.S. Economy

This ARTICLE On How Serious Is The Coronavirus And Its Impact On The U.S. Economy Was PUBLISHED On February 28th, 2020 More and more Americans are asking the question of How Serious Is The Coronavirus? The first death from the widely spoken coronavirus hit yesterday in Washington State The coronavirus scare has shaken the financial…