BLOG

New House Savings with New Construction

If you’re trying to decide between a brand new home or one that’s new to you, think about this: New homes are livable and lovable from the start. When you purchase new, you can select the design, style, and finishes you love. Your home will reflect your personality on move-in day, no changes needed. A new home is likely to “live” bigger Read More…

Realtors back to work May 7th!

May 7th Realtors are back to work for their buyers and sellers! We are here to serve you and your clients ensuring a smooth and satisfying transaction. For your information regarding our current mortgage rates: In the last 7 days, interest rates have leveled out. Currently, a buyer looking at a 30 year fixed Conventional home loan interest raRead More…

A Take on Mortgage Forbearance

As we are coming up on the sixth week of quarantine here in Michigan, it is taking a toll on the Real Estate and Mortgage industry.  Where does it end?  Last week Chase Bank announced it will require any borrower to have a minimum of a 700 credit score and will require a 20% down payment to purchase a home.  Today I read a report that Chase willRead More…

CARE Act for Mortgage Forbearance

The COVID-19 Coronavirus has led to some challenging times for all of us. The Government has created the CARE Act, to assist homeowners whose income may have been adversely impacted by the coronavirus. One of the components of the CARE Act is the possibility of mortgage forbearance. Forbearance is often misinterpreted. And while it is intendeRead More…

Mortgage Mess COVID-19 Update

The mortgage world continues to tumble with no end in sight.  Lenders are eliminating loan programs, raising interest rates, and making borrowing even more difficult. COVID 19 is not only having an effect on our health but now begins to take a toll on our prosperity.  Interest rates on conventional type lending continue to raise then drop-in pockRead More…