In this article, we will discuss and cover the housing and mortgage market forecast for first-time homebuyers in 2022. The Housing and Mortgage Market Forecast was very strong for first-time homebuyers. The strong housing market is expected to continue through 2022. The economy was booming despite skyrocketing inflation data under the Joe Biden Administration. Unemployment […]
Mortgage and Real Estate Market Update For 2022 are supposed to remain strong with homes more in demand than in recent years. The Housing Market Forecast for 2022 is expected to be strong. After the stock market selloff due to the fear of the coronavirus, the 2022 Real Estate Market forecast remains strong, if not […]
In this article, we will discuss and cover about borrower review of Gustan Cho at GCA Mortgage Group. Just this past July 2, 2021, I have received a frantic call from a home buyer who was extremely disturbed. This was because she found out by multiple mortgage lenders in her community that she could not […]
This Article Is About California Facing Housing Shortage Going Into 2022 Is California Facing Housing Shortage Going Into 2021? All indications say yes despite the coronavirus outbreak. California is the third-largest state in the nation in terms of size. California is the most populous state in the United States with over 40 million people calling […]
In this blog, we will cover and discuss the coronavirus pandemic impact on lenders and borrowers. Gustan Cho Associates encourage our readers to take the necessary precautions to keep themselves and their loved ones as safe as possible during these times of uncertainty. This worldwide pandemic is something I have never seen in my lifetime. […]
This Breaking News Is About LLPA During Coronavirus Pandemic Mortgage Crisis Understanding LLPA During Coronavirus Pandemic Mortgage Crisis. The coronavirus pandemic has created disruption and chaos in the secondary mortgage bond markets. Loan Level Pricing Adjustments are commonly referred to as LLPA. LLPA’s are pricing adjustments on mortgages. Lenders determine mortgage rates based on risk […]
BREAKING NEWS: Chicago Mayor Lightfoot To Increase Property Taxes For 2021 Chicago Mayor Lightfoot To Increase Property Taxes For 2021. The city of Chicago does it again. Chicago Mayor Lori Lightfoot is resorting to increasing property taxes and other taxes to fix the $1.2 billion dollar budget deficit. Chicago is hands down the highest taxed […]
BREAKING NEWS: The Coronavirus Mortgage Meltdown And How MBS Process Works. The Coronavirus Mortgage Meltdown is impacting the real estate and mortgage industry. The Coronavirus Mortgage Meltdown caused the mortgage markets in chaos. The Coronavirus Mortgage Meltdown created confusion not just among borrowers but also loan officers and other mortgage and real estate professionals. The […]
BREAKING NEWS: Refinancing During Coronavirus Pandemic Mortgage Crisis Hurdles with Refinancing During Coronavirus Pandemic Mortgage Crisis: With all the global news surrounding the COVID-19 coronavirus outbreak, there is a strong surge of refinance mortgage transactions. In this blog, we will give a quick update on the coronavirus affecting mortgages and how to complete a refinance […]
This BREAKING NEWS ARTICLE Is About The Housing Shortage Facing Homebuyers And Skyrocketing Prices The U.S. is facing a severe Housing Shortage Facing Homebuyers And Skyrocketing Prices. The housing market was booming prior to the coronavirus outbreak in February 2020. All states had their governors exercise their executive stay-at-home orders and were shut down. Unemployment […]
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