According to the Department of Labor, nearly 3.3 million people filed for unemployment in the week ending March 21, 2020, an increase of more than 3 million from the week before (282,000 to 3.28 million). We at iFinance Mortgage Inc.…
Creating an emergency travel kit must be part of every traveler’s preparation. Don’t leave on any journey without one. The COVID-19 emergency is the most widespread in the last fifty years. It isn’t the only calamity that has affected millions.…
The Senate passed a $2 trillion federal rescue package that’s expected to be approved quickly by the House of Representatives after Republicans agreed to oversight measures including a ban on President Donald Trump or his family receiving funds. The largest-ever…
A recent report from Goldman Sachs suggested that a record-shattering number of people are filing for unemployment as the coronavirus cripples the nation’s economy. That’s why there’s likely going to be a giant surge in delinquent mortgages as many borrowers…
In an emergency, planning can be the difference between getting home quickly or days or weeks of delays. Read the complete article with helpful suggestions from Travelers United here.
As America has been focused on COVID-19, sheltering in place, and counting the dead in Italy, gas prices are falling. Experts expect that the average price of gas will drop to less than $2 across the country. In a normal…
The mortgage industry’s biggest trade and lobbying groups are banding together to push the federal government for widespread relief for all borrowers affected by the coronavirus outbreak in the U.S. In a letter sent this week to the White House…
Cities and states across the country are already suspending evictions and foreclosures in response to the spread of the coronavirus, but the federal government is taking the biggest step so far to keep people in their homes. President Donald Trump…
One of the biggest events in a real estate transaction is the closing, when all parties sign the final contracts and ownership (and the key) is officially turned over to the buyer. But what happens when you have a busy…
What does the Federal Reserve cutting its target interest rate to near zero percent mean for mortgages? This is the second emergency rate cut in two weeks, and brings the federal funds rate to between 0% and 0.25%. It's designed to stimulate the economy by making…
