Questions about the mortgage process abound when you are a first-time homebuyer. A challenge faced by many “first timers” is the embarrassment they feel thinking they should already know the answers to these questions. We say don’t be afraid to interrupt and ask a lender what you need to know. A home purchase is one of the biggest …
7 Great Reasons to refinance now
It is not a secret that everyone is trying to refinance before the rates go up. Rates fluctuate somewhat from day to day, but they have never been lower. Refinancing may seem like a lot of work but at Mortgage Equity Partners we have streamlined the process. If you want to save money on your …
Are you prepared for a natural disaster?
If dealing with COVID-19 isn’t enough to handle, you still need to be prepared for hurricanes, floods, wildfires, and other naturally occurring disasters depending on where you live geographically. If you live in areas that are regularly affected by these events, there are simple steps you can take to protect your home and personal information. …
Record low rates are enticing buyers back into the market
Buyers continue to show confidence in the housing market as they are jumping back into the game! With mortgage rates at record lows, it is a great time to purchase a home or refinance your existing mortgage. Purchase applications are up 4% from last week according to the Mortgage Bankers Associations seasonally adjusted index. Experts …
Five things you can do to get your home ready to hit the market post-coronavirus
The Cororonavirus has disrupted just about everything this spring, and that includes the Spring Real Estate Market in a big way. March, April, and May are usually the busiest months for prospective buyers and realtors to be out and about looking at communities and homes. By this time, homebuyers have chosen their home and made …
Mortgage rates are crazy right now, and here’s why!
In over 40 years of mortgage lending, I have never seen this kind of rate inconsistency. Major, solvent mortgage lenders have ceased offering certain loans and have pricing that seems ridiculous. Suddenly, FHA, VA are priced in a way that makes no sense, and Jumbo loans are all but non-existent. Pricing can vary by a …
