Can I still re-finance if I took advantage of mortgage forbearance? The answer is no, not until you have caught up your payments and you cannot have any late payments within a 12-month period. If you have any questions regarding…
One of the biggest and most costly assets you will ever acquire is your home. Do you have the peace of mind knowing your home and family is protected? If something catastrophic happened to you or the main "breadwinner", would…
Sitting on the fence, still renting, thinking about purchasing a home? We can help. Contact us today at 949-415-4101 or jrod@ifminc.com to get pre-approved and we can answer all your questions regarding the home loan process. First-timers aren’t the only…
After a brief pullback at the end of June, homebuyers rushed back into the mortgage market last week, taking advantage of record-low mortgage rates. Mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher…
Now is an excellent time to purchase a home with low interest rates too. Contact us at 949-415-4101 or jrod@ifminc.com, we are always happy to help! After plunging to nearly the lowest level in its history in April, an index…
If you are purchasing or refinancing a home, chances are you have learned a lot of new terms. One of those may be “points.” But what exactly are points in a real estate deal? Points are referred to as mortgage…
Many home buyers love a neighborhood with great amenities. A community pool, parks and playgrounds, and well kept walking trails all make prospective buyers’ eyes light up. If you are looking to buy in a neighborhood with top-of-the-line amenities, make…
Pending home sales soared in May after two down months due to the COVID-19 pandemic, reinforcing many observers’ confidence about the housing market’s resilience and role in the country’s economic revival. The Pending Home Sales Index (PHSI), a metric based…
Like most of America, you are probably still spending more time at home than usual due to COVID-19 precautions. This is the perfect time to do a little bit of window shopping for a new home or get inspiration for…
If you are a homeowner in the United States, you likely have a mortgage, a loan taken out to pay for your home. The terms of these loans vary but most follow a 30-year payoff plan, with interest being paid…
