30-year fixed rates fell to historic lows last week. But will that continue in this crazy marketplace? Last week, Freddie Mac announced their historic rate drop which brought 30-year fixed rates to an all-time low of 2.98%. This is the lowest ever recorded in their history. But we have seen consumer mortgage rates do some […]
Are People Still Buying Homes During COVID-19? The Answer May Surprise You
It’s summer and in a normal year, that means movement. Parents typically wait until summer to buy new homes and move because they don’t want to displace their children during the school year. But like everything in our lives right now, has COVID-19 had an impact on new home purchases? Surprisingly, it appears that home […]
Should You Refinance Your Home Right Now?
Are you looking to reduce your monthly payment? perhaps reduce your mortgage term from a 30-year mortgage to a 15-year mortgage? Are you looking to take advantage of your home equity and receive cash out to complete home improvements or pay off debt? These choices would depend upon your Life goals current budget, and financial […]
Stockton Mortgage Company Shares Tips If You Can’t Make Your Mortgage Payment
Today we are seeing so many of our clients being impacted and the economic implications of sheltering-at-home, furloughs and lay-offs. But help is available for those who need it. What is Mortgage Forbearance? If you are having difficulty making your mortgage payment during this difficult time, you may want to consider mortgage forbearance. This is […]
Refinancing Your Mortgage Amidst COVID-19 Crisis
In times of financial prosperity, people are optimistic about purchases and financing. Consequently, many people have ridden the swelling prosperity of the past few years with little urgency or regret. Unfortunately, we now see what can happen during times of great uncertainty and financial instability with the advent of COVID-19. Tapping into Your Home’s Equity […]
