Understanding Mortgage Points
When you get ready to purchase a home, one of the biggest factors in your decision is likely the cost. A home is one of the largest purchases that most people will make in their lifetime so a lot of…
Learning from past pandemics: Will COVID-19 derail the housing market?
A look at past pandemics and economic shocks provides hope for recovery. Like most of the news surrounding the COVID-19 global pandemic, reports about the U.S. housing market have been discouraging. Year-over-year listings of homes for sale have plummeted –…
Can the housing market recover from COVID-19?
Like most of the news surrounding the COVID-19 global pandemic, reports about the U.S. housing market have been discouraging. Year-over-year listings of homes for sale have plummeted – in the worst-hit markets like New York City, listings are down 80%…
How one month nearly broke the housing ecosystem
One month. Just 31 days. That’s all it took to change everything. March 2020 will long be remembered as the month that the coronavirus nearly broke the U.S. housing finance system. It’s pretty crazy how much things can change in just a few…
What effect is the pandemic having on California real estate and lending?
On March 19, California became the first state to issue a stay-at-home edict to halt the spread of COVID-19. While this resulted in shutting down much of the local economy, California’s housing and mortgage markets continued to operate, albeit within…
Real estate agents are creatively showing listings amid stay-at-home orders
With real estate deemed an essential service in many U.S. states, and potential buyers under orders to stay at home, agents are showing properties the only way they can during the COVID-19 pandemic: Virtually. It’s a service that’s growing in…
When COVID-19 Impacts Your Mortgage
Paying the monthly mortgage is one of the most important responsibilities that a homeowner has. These payments go to principle and interest on your home loan, as well as property taxes and homeowner’s insurance. Experts recommend social distancing to combat…
Homebuyers still shopping despite coronavirus-fueled pessimism
"Despite numerous challenges, buyers are still house hunting and lenders are still originating purchase loans". At iFinance Mortgage Inc, we are still taking applications and closing loans. We are working very conscientiously, even amongst ever-changing guidelines and requirements, to keep…
We are excited to announce the newest addition to our team – Richard G. Hiskey!
Please join us in welcoming the newest addition to our work family - loan officer and mortgage specialist, Richard G. Hiskey. Richard has a vast background in the real estate and finance world, even possessing his MBA. He genuinely cares…
How the COVID-19 Pandemic Impacts Renters
The recent coronavirus global pandemic has had widespread impacts to society in the United States. As Americans face new worries about their health and welfare, many have experienced job loss or income reduction as a result of social distancing measure…
