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Mortgage and Home Refinance News and Info
The Mortgage World is Changing (and not for the better)
Certain types of mortgages are getting tougher to get, and it will likely get worse, possibly as soon as yet this year.Quick Background – The federal government bailed out Fannie Mae and Freddie Mac (aka Government Sponsored Enterprises or GSEs) 11 years ago, injecting $180 billion into the companies to prevent them and the entire global economy from a complete …
The Accunet Mortgage Show (11/10/19 Episode)
Accunet loan consultants Tim Holdmann and David Wickert go over the most recent jobs report, follow-up on their latest client stories, and discuss the ins and outs of refinancing a home.This week’s highlights:There is some upward pressure on interest rates following speculated developments in the US-China trade war. More often than not, home sale contingencies can be the “kiss …
Home appreciation – and the painful cost of waiting to buy
How long do you plan to stay in your home? And how might your home’s value change in that time?There’s no guarantee prices will increase, but with the market’s ups and downs, values tend to rise over time. Below is a user-friendly interactive graph to show you how even small changes can build as the years pass.We encourage you to …