English
English
Spanish
Vietnamese
While the impact of the federal interest rate is often of little concern to most consumers, it can have a long-range effect on purchasing a home in the future and the mortgage industry in general. The Fed Rate can go up or down although in some cases, it stays flat. […]
Home Equity and Refinancing
Are you still trying to decide whether or not to refinance your home? Maybe you’re a bit apprehensive about doing it while not knowing what’s in store for us in 2021. If you’re unsure about pulling the trigger, there are certain advantages to refinancing that you need to be aware […]
The Home Loan Process: Understanding the Difference Between Pre-Qualifying And Pre-Approval
Two of the most important steps when purchasing or financing a home are applying for pre-qualification and pre-approval. Not only are these essential to the home buying process, it’s important to understand how they differ which we’ve explained as follows: Mortgage Pre-Qualification This is the lender’s estimate of the amount […]
Can You Refinance Your Home to Pay off Student Loan Debt?
It goes without saying that a lot of the unpredictability in today’s employment market can be attributed to these tough times. As a result, many Americans are suffering from the economic pinch that has resulted, especially those with student loan debt. While many of these individuals felt some temporary relief […]
Our Current Affordability Gains and Interest Rates Make it an Interesting Time in Real Estate
These past few months have proven one thing — you can count on absolutely nothing. Even with massive unemployment, the stock market is up, areas are re-opening and commerce is ramping back up. It is a very strange moment in history. And, of course, nothing is guaranteed which makes it […]
What Has Changed in the Mortgage Industry Today?
Over the past week, we’ve seen mortgage interest rates drop to historic lows. Last week, Freddie Mac announced the lowest rates ever in the history of the lender. The average new rate of 2.98% for a 30-year fixed-rate mortgage has been in response to concerns about the state of the […]
How the New FHFA Guidelines Regarding Refinancing After Forbearance Can Be Good
COVID-19 has us all yearning for the normalcy of a few months ago. In the state of Ohio alone, more than 1.3 million people have filed for unemployment in the past 3 months and we have distributed over $4.1 billion in unemployment checks. These startling statistics have resulted in over […]
Columbus Mortgage Company Shares Tips to Refinance with Record Low Rates
As most of us here in Ohio are dealing with social distancing, furloughs and economic unease, there are a few silver linings. One of these is interest rates. With the Federal Reserve’s recent rate cuts, the mortgage industry has responded like everything else: ups and downs. But the reality is […]
During Times of Economic Uncertainty, Should You Still Buy a Home?
With today’s fears of COVID-19 and the expansive financial uncertainties that have come with it, it’s causing a great amount of anxiety with buyers, particularly when more important things are being considered. Although these are unprecedented times, it’s also important to consider that these economic hardships should be shorter in […]
What Documents You Will Need to Apply for a Mortgage
Before purchasing a home, most buyers will need to qualify for a mortgage. In order to be approved, a buyer will need to prove to a lender that they are capable of paying the mortgage payments and household expenses as well as having a responsible financial history. Lenders do this […]
