Last week we touched on a few questions many people have concerning mortgages due to the impacts the COVID-19 virus has had on the economy. Since there are quite a few important questions being asked right now we decided to answer a few more. This week will focus more...
With so many unknowns in many areas, especially financial and economic ones, during the COVID pandemic, many homeowners and potential buyers have a number of questions they are wondering about. Here is a list of the most frequently asked questions about mortgages on...
Ways Homeowners are Looking to Stabilize Finances in Abnormal Times As the state of California has been sheltered in place for a significant amount of time many people are beginning to wonder what life will look like when restrictions are lifted and we are allowed to...
Many things besides physical health have been affected by this pandemic. One of those things is the mortgage market, but why? How would this cause such a crazy roller coaster in interest rates? There are two main factors that have thrown the mortgage market off its...
An adjustable-rate mortgage, also referred to as an ARM, is a home loan with a fixed rate for the first few years that switches over to an adjustable rate. The beginning fixed-rate period can be anywhere from the first three to ten years of the loan. This differs from...