Mortgage Grader

Mar
27
2020

Those working in battered industries may not get their mortgages approved
In just one week, subprime lending came screeching to a halt as investors worried about risk in an economy shaken by the coronavirus outbreak. It took more than three years for 2005 vintage subprime loans to get the kibosh. The Federal Reserve didn’t change the...

Mar
25
2020

COVID-19 and Refinancing: Getting Access to Your Home Equity
COVID-19, also known as coronavirus, has changed everything. We're all making the necessary changes and adjusting to the uncertainty and general weirdness that this virus has caused. While even financial experts are unsure about what will happen next, there are a few clues that we can...

Mar
20
2020

Lenders throwing lifeline to borrowers impacted by coronavirus
Big banks and government-sponsored enterprises like Fannie and Freddie are suspending penalties, foreclosures and evictions for borrowers who can't pay their mortgage. A West Hollywood resident and longtime mortgage client of mine works in the arena...

Mar
19
2020

COVID-19 May Make Your Mortgage More Affordable
First off, we want you to know that we're in this crisis together. Sure, we've made adjustments to accommodate the "temporary new normal," but still, know that we're here for you more than ever before! And that includes watching the market to find opportunities for your homeownership...

Mar
13
2020

Mortgage rates rise sharply from last week’s record low
Rates jump as much as 1 percentage point as lenders are overwhelmed by mortgage applications. The lowest 30-year fixed mortgage rates in modern U.S. history imploded midday Monday, moving sharply higher. Many mortgage lenders raised their rates several times on Monday, Tuesday and...

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