Whether you are purchasing a home or refinancing a home, you will be faced with several decisions. One of these decisions is whether to apply for a variable rate (or…
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Category: Refinance News
Mortgage Refinance Fee Removed
Elimination of the adverse market refinance fee is a reality and refinancing going forward will be much less expensive for homeowners. This elimination of this fee started August 1, 2021…
Condotel explained by a specialist in Naples, Cape Coral and Fort Myers Mortgages
Many people are surprised when they find out the home they are considering purchasing is a condotel. These units are specifically classified and require a non-warrantable condo mortgage. However, a…
Pitfalls in Mortgage Refinancing, Naples and Fort Myers
Homeowners have various reasons for wanting to refinance their mortgages. There are some pitfalls that should be avoided if you are considering refinancing. Some problems are out of the control…
SERVICE SECTOR SHINES IN THE US AMID THE COVID-19 PANDEMIC
The US weekly economic reports suggested a stronger than expected result. While investors remain concerned about the impact of the COVID-19, the mortgage rates dropped to record low rates. This is the…
CONSUMER SPENDING SURGES WHILE MORTGAGE RATES DROP TO RECORD LOWS
Mortgage rates dropped to a new record low in July, while consumer spending continued to exceed expectations. But the latter has been overshadowed by concerns over the continued spread of…
