Things From The World Of Mortgage And Real Estate That You Should Know This Week

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Premier Homes By Angela, The Key To Your Real Estate Experience
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Things From The World Of Mortgage And Real Estate That You Should Know This Week

1

There were no dramatic mortgage product changes last week and it feels like things have stabilized in the mortgage world.

2

Riskier programs have either been eliminated or tightened up significantly, but Conforming loans remains strong with few changes and a more streamlined process.

3

The Federal Reserve meets on Wednesday and investors will be closely tuned in to learn more about the Fed’s plan for future bond purchases.

4

A growing concern is furloughed or laid-off borrowers who won’t be able to qualify until they go back to work.

5

The longer self-employed and commissioned employees are out of work, the longer they will need to be back at work to show their income is consistent with pre-virus levels.

6

Thankfully, Fannie Mae and Freddie Mac announced they will buy loans that have entered into forbearance (except cash-out refinances).

Premier Homes By Angela awaits your call to assist you with buying or selling your home, (844) 385-SOLD.  Our goal is to be your For Life REALTOR® as we assist in building the communities of Atlanta up through homeownership.  We provide you with educated, knowledgeable guidance that can only be made with accurate, reliable, and projected market information.  We use proven repeatable systems for client successful results.  We are happy to be a trusted professional resource for you and your family.  Thank you for the opportunity to provide you with this blog, we look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.  Your Dream Our Mission, we are the KEY to your real estate experience!

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