BREAKING NEWS: Mortgage Pre-Approval During The COVID-19 Pandemic Crisis Obstacles And Changes On Mortgage Pre-Approval During The COVID-19 Pandemic Crisis: If you have been following Gustan Cho Associates, you know the mortgage industry is rapidly changing due to the COVID-19 coronavirus outbreak With over 40 million Americans out of work, it has become tougher than […]
Today’s breaking news on the Federal Reserve Board not increasing interest rates despite inflation rate soaring above the norm. The Feds will continue to keep rates at zero percent for the rest of the year and even into 2022. The Fed will also purchase $120 billion worth of mortgage bonds every bond, thus keeping the yields on the treasuries low and mortgage rates low.
This Breaking News Article Is About States Attracting New Taxpayers Due To Low Taxes And Cost Of Living 2020 is finally over and we are off to a new start in 2021. Americans faced many challenges in 2020. Americans have been able to endure 2020 with the health, economic, and political impact on us as […]
This BREAKING NEWS Article Is About Investment Property Conventional Loans Having Tighter Restrictions From Fannie Mae And Freddie Mac Breaking News from mortgage giant Fannie Mae on Wednesday, March 10th, 2021 about Investment Property Conventional Loans. Fannie Mae and Freddie Mac are the two mortgage giants in the United States. The role of Fannie Mae […]
How High Should Homebuyers Go Over List Price In A Bidding War? Homebuyers normally need to bid higher than the list price in a hot housing market.
BREAKING NEWS: Buying Or Refinancing After Forbearance Mortgage Guidelines Buying Or Refinancing After Forbearance is a major concern for homebuyers and homeowners. Forbearance is not a mortgage default. Under the federal coronavirus stimulus CARES Act, mortgage borrowers can qualify for forbearance for six months and can extend it for another six months for a total […]
This Article Is About The Eviction Moratorium Not Extended By Congress Before Going On Break August 2021 could be a crazy month for the mortgage industry. If you have been paying attention to the news, you know that the eviction moratorium expired for coronavirus relief for thousands of Americans across the nation. Congress extended the […]
The Federal Open Market Committee (FOMC) concluded its monthly meeting and issued its statement minutes ago. The big news is no change in Treasury and mortgage-backed securities (MBS) purchases and no change in the Fed’s target short-term interest rate.