Fed Makes Emergency Rate Cut to Combat Coronavirus Fallout
Mortgage rates have plummeted since the beginning of the year to the lowest average since 2016 as a result of market movements in response to the coronavirus.
Yesterday, the Federal Reserve followed suit and slashed interest rates in an emergency move to cushion the U.S. economy from...
Important Tips For First Time Homebuyers
Buying your first home is exciting. But, along with that excitement, there are a lot of details and things to know about the loan process. Here are the main points you need to keep in mind.
How to Know the Best Time to Refinance?
Everywhere you turn, you hear refinance commercials. “Rates have never been better.” “Refinance and save.” or our favorite, “Refinance with no closing costs.” As a local lender for over 35 years, we’ve heard...
How You Can Use VA to Purchase a Home
VA home loans are mortgages guaranteed by the United States Department of Veterans Affairs that are designed to offer long-term financing to eligible American Veterans to purchase a primary residence....
New Guidelines for Self-Employed Borrowers
Self-employed borrowers have faced several challenges when applying for home loans due to their unique income portfolios. However, recently added programs have given lenders more options to qualify self-employed...