Does refinancing a mortgage hurt your credit?
Does refinancing your mortgage hurt your credit? It can be an issue. Discover why this is true and some ways to protect your credit score during a refinance.
Does refinancing your mortgage hurt your credit? It can be an issue. Discover why this is true and some ways to protect your credit score during a refinance.
Just a few short hours ago, the Federal Reserve released the hotly anticipated FOMC “minutes” from its two-day meeting that took place back on April 30th and May 1st, 2013. The contents werenât all that exciting, though they seemed to be enough to result in a 200+ point stock market swing. The markets opened considerably [&hellip
The post The Fed Minutes and Mortgage Rates first appeared on The Truth About Mortgage.
In light of the ongoing coronavirus outbreak, which were the Federal Reserveâs very own words, the Committee took bold action to lower the target range for the federal funds rate to 0% to 0.25%. Thatâs a full percentage point lower than the 1% to 1.25% it had been previously. And comes on top of the [&hellip
The post The Federal Reserve Has Swooped In to Save Mortgage Rates first appeared on The Truth About Mortgage.
You finally found the perfect house, and what seemed like a straightforward process yielded disheartening results. Your mortgage application was denied, and it happened after all the time spent completing mountains of paperwork, answering countless questions, and having long conversations and meetings with your loan officer. So, after getting angry and cursing the world, itâs […]
The post What to Do When Your Mortgage Application is Denied appeared first on Good Financial Cents®.
CARES Act permits 6-12 month forbearance for mortgage payments on federally-backed home loans HUD has announced a foreclosure and eviction moratorium for single family homeowners with FHA-insured mortgages for the next 60 days Fannie Mae has suspended foreclosure sales and borrower evictions until at least December 31st, 2020 Freddie Mac has announced the suspension of [&hellip
The post Mortgage Lenders Now Providing Payment Relief Due to Coronavirus first appeared on The Truth About Mortgage.
Founded in 1921, the Seattle-based HomeStreet Bank provides banking and financing options to those living on, near or just off the West Coast. The regional lender provides a variety of mortgage types to homebuyers in its native Washington, as well as Oregon, Arizona, Hawaii and, as of 2013, California. Table of Contents: HomeStreet Overview Rates Mortgage Loan […]
The post HomeStreet Bank Mortgage Review appeared first on Good Financial Cents®.