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…

Mechanics Lien

Mechanics Lien Placed On Homes By General Contractors

This BLOG On Mechanics Lien Placed On Homes By General Contractors Was UPDATED And PUBLISHED On March 12th, 2020 A mechanics lien on a property is when a contractor, sub-contractor, or supplier places a lien on a property. The lien is placed on the property they did work on or provided materials to and the…

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…

Real Estate Investors

Interest Only Mortgages With NON-QM Loans Versus Amortized

This BLOG On Interest Only Mortgages With NON-QM Loans Versus Amortized Was UPDATED And PUBLISHED On March 11th, 2020 Traditional mortgages require that borrowers pay back the money borrowed in the form of principal plus interest. Most homeowners dreams are to have their homes clear of any mortgages and have it free and clear Most…

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…

Quick Credit Score Fixes To Qualify For Mortgage Loans

Quick Credit Score Fixes To Qualify For Mortgage Loans

This article covers Quick Credit Score Fixes To Qualify For Mortgage Loans Every mortgage loan program has a minimum credit score requirement. However, even though a mortgage borrower meets the minimum credit score requirements, they should try to get their credit scores as high as possible prior to applying for a mortgage The higher the…

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…

How The Economy Affects The Housing Markets

How The Economy Affects The Housing Markets And Homebuyers

This ARTICLE On How The Economy Affects The Housing Markets Was PUBLISHED On March 9th, 2020 Many home buyers want to know How The Economy Affects The Housing Markets. There are multiple factors on How The Economy Affects The Housing Markets And Homebuyers The economy has both a direct and indirect impact on the housing…

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,…

Limited Review Versus Full Review Condo Purchase

Limited Review Versus Full Review Condo Purchase

This BLOG On Limited Review Versus Full Review Condo Purchase Was UPDATED And PUBLISHED On March 8th, 2020 Due to the real estate and mortgage meltdown of 2008 and the historical number of foreclosures throughout the country, new FHA, Fannie Mae, and Freddie Mac mortgage guidelines have been implemented on condominium unit purchases. There are…

Pros And Cons Of Home Equity Conversion Mortgage

Pros And Cons Of Home Equity Conversion Mortgage

This Blog On The Pros And Cons Of Home Equity Conversion Mortgage Was Written By Mike Gracz There are the pros and cons of home equity conversion mortgage. A government-insured Home Equity Conversion Mortgage (HECM) offered the Federal Housing Administration (FHA) is one type of mortgage loan program commonly referred to as a reverse mortgage…

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…

How Derogatory Credit Impacts Credit Scores For Mortgage

How Derogatory Credit Impacts Credit Scores For Mortgage

This ARTICLE On How Derogatory Credit Impacts Credit Scores For Mortgage Was PUBLISHED On March 6th, 2020 How Derogatory Credit Impacts Credit Scores For Mortgage: It is no secret Gustan Cho Associates are experts in mortgage lending when it comes to derogatory credit We receive inquiries every day regarding the waiting period to enter a…

Stocks Drop 1000 Points

Stocks Drop 1000 Points As Coronavirus Fear Returns

BREAKING NEWS: This Article On Stocks Drop 1000 Points As Coronavirus Fear Returns Was PUBLISHED On March 5th, 2020 After the Dow Jones had a market selloff and entered correction territory last week, the Dow had another selloff today dropping almost 1,000 points. Stocks drop 1000 points as the coronavirus fear returns with another death…

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…

Dow Surges 1200 Points

Dow Surges 1200 Points On Hopes Of Central Bank Lowering Rates

BREAKING NEWS: The Dow Surges 1200 Points On Hopes Of Central Bank Lowering Rates The Dow Surges 1200 Points on Monday after the biggest market selloff last week since the 2008 financial crisis. The bullish buying started as soon as the equity markets opened There was a total of six deaths in Washington State due…

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…