You may be able to defer your mortgage payments, but be careful, a forbearance agreement could disqualify you from refinancing or purchasing a home for a year or more.Contact us for options._https://loom.ly/UviBw54_Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353info@HOMEQNET.comwww.HOMEQNET.com/Reviews_#HoustonMortgage #HoustonRealtor#TXMortgage #DownPaymentAssistance #MortgageRates
"Demand will increase to unprecedented levels so I would encourage consumers to close now before the logjam extends closings to the three- to six-month range," Rosenbaum says. "With the anxiety of the virus surrounding us all, we recommend making life a little bit easier and close before the system gets further bogged down." ?
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Over the last 20 Years, the fed funds rate and the average 30-year fixed rate mortgage rate have differed by as much as 5.25%, and by as little as 0.50%.
“Mortgages respond to market forces and not to the Fed,” Holden Lewis, mortgage and real estate expert at NerdWallet, told MarketWatch earlier this month.“The Fed is actually following and not leading when it comes to mortgage rates.”
The Federal Reserve's commitment of snapping up at least $500 billion of Treasury securities and at least $200 billion of mortgage-backed debt “over coming months.” Is what should impact mortgage rates.
The next few weeks/months should definitely be interesting.With all the turbulence, mortgage rates remain at historic lows and I HIGHLY recommend that anyone thinking about purchasing or refinancing real estate, reach out for a proposal, specific to their scenario, in order to make an informed decision._Real Estate & Mortgage Solutions ?The Home Equity Network ?281-304-6353 ?info@HOMEQNET.com ?www.HOMEQNET.com/Reviews_#HoustonMortgage #HoustonRealtor#TXMortgage #DownPaymentAssistance #MortgageRates_
Congratulations to The Nicholas Family on Their Home Purchase! ??
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FOR SALE! ?
22923 Dale River Rd, Tomball, TX 77375
4BD | 2BA | 2387 SQFT ?
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Another Home Buyer is Clear To Close!
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Congratulations to The Parker Family on their home purchase!
Thanks to Niki Smalls: Legacy Homes and Properties, and Chicago Title
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If you're renting, the bad news is that you're either paying someone else's mortgage and/or building their wealth/equity.
The good news is that we can help you fix that and Build Your Own...
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Congratulations to Mr. Ballentine on his home purchase!
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