This ARTICLE On The 2020 Refinance Boom And Taking Advantage Of Low Mortgage Rates Was PUBLISHED On March 8th, 2020 The stock market selloff two weeks ago dropped the Dow Jones Industrial Average by over 3,500. This is a 13% market correction which is correction territory Last week, the equity markets were extremely volatile One…
This article is about Conventional Loan Waiting Period After Housing Event And Bankruptcy Conventional Loan Waiting Period Explained There are Conventional Loan Waiting Period requirements after bankruptcy, foreclosure, deed in lieu of foreclosure, and short sale. Fannie Mae and Freddie Mac are the two mortgage giants that make up the conventional mortgage lending guidelines Fannie…
There are many reasons to refinance your mortgage loan. Refinancing from an FHA mortgage into a conventional loan is a very common practice This is a great opportunity to stop paying mortgage insurance and lower your monthly mortgage obligation This time will go down in history with some of the lowest interest rates ever seen…
This guide covers mortgage refinance guidelines. We will also cover homeowners’ top reasons and benefits for refinancing their mortgage loans. There are other reasons why homeowners need refinancing on their current mortgage loan besides just refinancing. Per mortgage refinance guidelines, homeowners may refinance to have a lower interest rate and save money. Although the main…
This guide covers what are the top reasons to refinance mortgage. Mortgage rates are at three-year highs and keep rising. However, many homeowners have reasons to refinance mortgage. Home prices are appreciating like never before, with no signs of any slowdown. Today’s economic instability has alarmed every Americans. Surging inflation, historic high interest rates, and…
In this blog, we will cover FHA guidelines on streamline refinance mortgage loans. FHA streamline refinance is a fast-track loan program. Most streamline refinance loans can get closed in less than three weeks. Tens of thousands of homeowners still have an FHA loan with mortgage rates higher than 7.5%. Mortgage rates are dropping. FHA annual…
This guide on HARP for underwater mortgages is an older blog from when the Home Affordable Refinance Program was popular. HARP for underwater mortgages no longer exists. This guide on HARP for underwater mortgages was updated and edited for archival services for viewers who want to research HARP for underwater mortgages. In the following sections,…