Accunet Mortgage’s COVID-19 Precautions and Accomodations

At Accunet Mortgage containing the spread of the COVID-19 virus is everyone’s top priority. We have made the health and safety of our clients a new facet of our mortgage lending process while we continue to quarantine and work through the pandemic. Our goal is to keep you safe and help you navigate the changes …

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How to freeze and unfreeze your credit

Freezing your credit: If a company has ever contacted you warning of a data breach to their systems affecting your personal information they have on file, or if you have had your wallet or credit cards stolen or lost, you may want to consider freezing your credit. Cybercriminals can access your social security number, date …

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3 Winning Home Refinance Strategies

All-time record low mortgage rates mean opportunity. Mortgage rates have never been lower with Freddie Mac’s weekly survey putting the 30-year fixed rate at an amazing 2.81% if you’re willing to pay 0.6 in points. …So what are your options for taking advantage of this opportunity? There are three leading refi strategies we use most …

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New Refi Rules of Thumb

The new mortgage refi rules of thumb: It’s all about your loan amount, and what it costs you to refinance. Loan amounts of $100,000 or less typically require a 1% to 2% rate reduction to make a refi worthwhile. Loan amounts around $200,000 usually only need a 0.5% drop in rate to save $1,000 or …

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The mortgage F-word of the day is Forbearance

Forbearance is that mortgage F-word of the day. It’s simply a fancy legal term for the agreement between a borrower and their mortgage servicer/lender that allows a homeowner to make less than the required monthly payment or possibly no payment for an agreed-upon period of time. As part of the recent Coronavirus Aid, Relief, and Economic …

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Why mortgage rates are not lower.

Mortgage rates are not at rock bottom, and they probably won’t be any time soon. One reason is that all mortgage “factories” are already at 2x capacity from when rates dipped in late February and early March.  And remember, the Fed’s rate cut to 0% does NOT impact 30-year and 15-year mortgage rates. On March …

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Fed cuts “rates” to 0%! Mortgage rates UP???

That’s not typo. Mortgage rates are UP, while 99% of the public thinks they’re headed down. When you read or hear, “The Fed cut rates to 0%,” that rate only applies to overnight loans between banks, NOT mortgages. The Fed Funds rate was 0% for 7 years, from 2008 to 2015, and 30-year fixed rates …

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Accunet Office Invasion with 96.5 WKLH

On February 19, 2020, we hosted 96.5 WKLH during their Office Invasion broadcast. Dave Luczak, Dorene Michaels and Gino Salomone of WKLH got together with Brian and David Wickert to talk rates, refinances, and more! Find the highlights below. What is a Rock-Solid Guaranteed Pre-Approval? A mortgage pre-approval is comprised of three factors: Credit score …

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Did you know that income affects the home market?

Another year is in the books, and your W2 should be in your mail box to remind you of your 2019 gross income. Find out how your income stacks up against the latest available household and individual income figures for your zip code. More tips and information as you begin the new year: So you’re …

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Accunet Raises $14,181 for Milwaukee Habitat for Humanity

On July 28th, 2019, Accunet celebrated a milestone: Our 20th anniversary!  At first, we figured we’d throw a party with some of the people who helped make Accunet what it is today. But then, it hit us: What if we also invited our guests to donate $20 each ($1 for each of our years in …

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