According to multiple industry sources, mortgage rates have reached the highest point in recent months, and may continue to rise. This news may prompt those who have been waiting to refinance or purchase to take action now.
Understanding Mortgage Forbearancce Plans, and taking advantage of them during the COVID Pandemic provides borrowers with options, but it’s important to understand how the programs work and what the impact of entering into a plan will have on the future of your mortgage.
The impacts of the current Pandemic social distancing orders and essential only travel bans has affected all of our lives in different ways.
An article on HousingWire.com provides detailed information on the 2019 California Wildfires devastation: “According to the California Department of Forestry and Fire Protection, a total of 96,949 acres were burned down over the span of almost two weeks. In that time, three died and over 1,500 structures were burned to the ground.” The article continues with information on how many affected properties are being rebuilt, and how many are not. Read the full article here to learn how fire zones can impact property values:
As pricing for home purchase or renting a home or apartment have continued to rise over the past few years, many potential buyers are turning to the Tiny Home Trend as a more affordable alternative.
