21
Apr
By Todd Grey
Mortgage, ,

How Do Mortgage Points Cut Your Interest Costs?

Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a house include points and interest rates. While interest rates are incredibly low, there is a way to make them lower. This comes in the form of points. This is additional money that is paid upfront to get a better deal over the life of the loan. Even though…
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15
Apr
By Todd Grey
Mortgage, ,

Mortgage Relief Refinance Programs For 2020

There are lots of people out there who are searching for options for mortgage relief. A quick search will reveal options for programs such as FMERR and HARP; however, many of the articles regarding these programs are a bit outdated. This makes them misleading. Sometimes, people might think they can apply for these programs when, in reality, they cannot. These programs have expired. Fortunately, there is another option for HIRO. What Is HIRO? HIRO is the mortgage relief refinance program for 2020. Run by Fannie Mae, this program does have some similarities to its ancestors (HARP and FMERR); however, it…
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10
Apr
By Todd Grey
Mortgage, ,

Creative Ways To Keep Your Family Sane During The COVID-19 Crisis

It can be a tremendous challenge to suddenly be stuck at home during the COVID-19 crisis. For those who are in an area of the country where there is a "shelter in place" order, this can feel very much like house arrest. If there are children stuck at home as well, this could be enough to make the entire family go stir crazy. It can be hard to come up with ways to have fun when there is a lot of fear and anxiety in the air; however, here are a few great ways that families can have fun, grow…
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09
Apr
By Todd Grey
Mortgage, ,

How To Be Sure Your Home Is Sanitized During Quarantine

During the COVID-19 pandemic, it is more important than ever for everyone to make sure they act in the best interests of their local communities and the world as a whole. This means that everyone should follow the advice of the Centers for Disease Control and Prevention (CDC), practice social distancing measures, and obey all orders to shelter in place. When families are stuck at home, it is important to ensure the house is sanitized. This will prevent the spread of this dangerous virus. There are a few measures that everyone should take to make sure their home is as…
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07
Apr
By Todd Grey
Mortgage, ,

COVID-19 Relief Programs For Homeowners

Federal housing agencies and government-sponsored enterprises Fannie Mae and Freddie Mac are responding to the COVID-19 outbreak with multiple relief programs for homeowners experiencing hardship due to illness and job loss. 60-Days Forbearance on Home Mortgages Owned or Backed by Fannie Mae or Freddie Mac Many U.S. home loans are owned or guaranteed by Fannie Mae or Freddie Mac. Homeowners can determine if your loan is connected with Fannie Mae here.here. Please check here to check if your mortgage is affiliated with Freddie Mac. CARES Act Provide Relief for Eligible Homeowners The federal Coronavirus Aid, Relief and Economic Security Act…
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