Is Now A Good Time To Refinance?

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Have you been considering refinancing and are unsure of whether it is a good idea? One unexpected benefit of the COVID-19 pandemic has been that the interest rates for mortgages have plummeted to record lows. While this bodes poorly for the overall economy, it can signal a great time to refinance for people able to qualify. A lower rate can potentially …

Forbearance – Think Twice Before Accepting

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You may be considering a forbearance option from your mortgage lender if you experiencing a loss of income due to Covid-19. While forbearance may work for some people, for most it is the first step towards a downward path into foreclosure. Be careful when choosing this option from your lender and consider these things before making a decision. First, what …