Fannie Mae issued a lender letter on Wednesday with additional requirements for borrowers who are self-employed. “Income from a business that has been negatively impacted by changing conditions is not necessarily ineligible for use in qualifying the borrower,” the letter…
The pace of borrowers seeking delayed mortgage payments is slowing, according to data released Monday by the Mortgage Bankers Association. The number of loans in forbearance increased 10 basis points for the week ending May 24, to 8.46% of outstanding home…
Keeping your home clean and tidy is always a good idea. But as the novel Coronavirus spreads, it is more important than ever to disinfect, wipe down, and clean commonly used surfaces in your home. Here are some cleaning tips…
Local, state, federal, and international officials are working hard to create guidelines that will help keep people safe and healthy as the novel Coronavirus reaches to every corner of the world. One of the measures recommended by the CDC and…
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There are a lot of perks to running the show during your home search. For Sale by Owner transactions can create a more personal transaction between buyer and seller and save on commission costs. But as the world adjusts to…
Applications for mortgages to purchase homes gained for the fifth consecutive week while refinancings dropped, the Mortgage Bankers Association said in a Wednesday report. iFinance Mortgage Inc is helping borrowers get pre-approved everyday! Contact us today! Read the full HW…
Even as other parts of the economy tank, lenders will originate $1.5 trillion in refis in 2020, a 51% jump from 2019, according to the forecast. That would be the highest level since 2003 when $2.5 trillion of mortgages were…
Curb appeal is one of the biggest factors when selling a home. Keeping the exterior of your home tidy and aesthetically pleasing can keep your neighborhood beautiful, encourage other homeowners to take pride in their homes, and attract more buyers…
The impact of the coronavirus on the U.S. economy has created the worst waterfall and parabolic economic charts of our lifetime. June’s existing home sales report will give us a clue. Read the full HW article here.
