Coronavirus and Your Mortgage
The COVID-19 pandemic has had a major, ongoing impact on the mortgage industry. Whether you’re buying a house, refinancing, or looking for mortgage relief, it’s important to stay up-to-date on how these changes will affect your home loan.
What can we help you with?
Coronavirus Relief and Mortgage Forbearance
+ COVID-19 relief programs for homeowners, renters, and the unemployed
+ How to request mortgage relief under the CARES Act
+ What to do when your CARES Act mortgage forbearance ends
+ Before entering mortgage forbearance, read this
+ What is mortgage forbearance?
+ No lump-sum payments required in COVID mortgage forbearance plans: FHFA
+ States reopen 2010 mortgage relief program (Hardest Hit Fund) during COVID
COVID-19 and Mortgage Rates
+ Mortgage rates today, December 2, 2020
+ How to find and lock the best mortgage rate in one day
+ For once, the Fed DOES affect mortgage rates. Here’s why
+ Post-Coronavirus mortgage rate predictions for 2020
Buy a Home During COVID-19
+ Is it still a good time to buy a house?
+ Buying a home during coronavirus: How a contactless sale works
+ How to close on a home loan during the pandemic
+ Will sellers or home buyers have the advantage this summer?
+ Down payment assistance (DPA) is still available during COVID
Refinance During COVID-19
+ Should I refinance amidst coronavirus fallout?
+ 4 ways to prepare for the next big drop in refinance rates
+ Homeowners are using cash-out refinances for emergency funds. Should you?
+ Is now the time to get a reverse mortgage?
+ COVID-19 mortgage help for veterans: The VA IRRRL
Changes to Mortgage Qualifying and Applications
+ You’re laid off due to COVID-19 — will your mortgage be denied?
+ New COVID-19 mortgage rules for self-employed borrowers
+ Mortgage lending standards tighten during COVID-19
+ Finish your mortgage application fast to secure low rates
+ How to get an online mortgage
+ The post-COVID norm: Easier mortgages for all?
+ How to close on a mortgage during the COVID-19 pandemic
COVID-19 and Your Credit Score
+ COVID-19 dubbed a “natural disaster” for US credit scoring
+ Free credit reports are now available weekly. Here’s how to get yours
In the news
September 2, 2020 Parents: Should you buy a bigger house for remote learning?
September 1, 2020 New Fed policy could mean years of low rates
August 28, 2020 FHFA refinance fee delayed, but don’t put off your refinance
August 10, 2020 Cracks appear in the mortgage forbearance system
June 10, 2020 Mortgage rates in free fall as Fed predicts another 2.5 years of ultra-low rates
June 1, 2020 Turned tables: Refinance rates stay up while mortgage rates hit record lows
May 28, 2020 Homeowners who need forbearance aren’t using it. Those who don’t, use it freely. What gives?
May 18, 2020 2.5% mortgage rates are here. What’s next?
May 12, 2020 The mortgage rates ‘sweet spot’ is finally here. Should you refinance?
March 31, 2020 Jumbo, low-doc, alt-doc mortgage loans disappear overnight
March 26, 2020 Phase Three coronavirus stimulus bill to include stimulus checks and more
March 19, 2020 Lower interest rates: A worst-case scenario? The reality of quantitative easing
March 18, 2020 The race to zero: How mortgage rates got left behind
March 17, 2020 Record-low mortgage rates skyrocket due to strange lending phenomenon. What now?
March 5, 2020 You probably already missed the ‘all-time low’ 3.29% mortgage rate
March 3, 2020 Emergency “double” Fed rate cut pushes mortgage rates to record lows
March 2, 2020 Your bank won’t give you a mortgage rate in the 2’s. Here’s why
February 26, 2020 The lowest mortgage rates in nearly 50 years?
February 5, 2020 Mortgage rates hit 39-month lows on Wuhan coronavirus fears
. . .
Verify your new rate (Dec 2nd, 2020)