The pandemic hit the country hard. People lost jobs or were unable to work and may continue to struggle to find suitable employment. This translates to difficulties making mortgage payments for households throughout the country. To help keep people in their homes,...
The Consumer Financial Protection Bureau reports that more than 11 million families are at risk of losing their homes throughout the country. 2 million homeowners are behind three or more months on their mortgage payment and the agency estimates that homeowners owe...
Homeowners throughout the country continue to fight off foreclosure. Many continue to struggle with finances after the COVID-19 pandemic threw a wrench into their plans. Some had to cut back on work hours, others lost their jobs. Whatever the cause for the financial...
In 2020, the United States suffered one of the worst economic recessions in history. Homeowners facing financial struggles had to request forbearance to pause or reduce mortgage payments temporarily. But forbearance does not last forever. Those who first entered the...
If you are struggling to make mortgage payments, you are not alone. According to a recent estimate from Harvard University, over 2 million homeowners are behind on their mortgages and could soon face the possibility of eviction. Many homeowners were able to hold out...
Homeowners may wonder whether or not it is too late to re-finance their home to make the most of low interest rates. They may have reduced income or lost jobs as a result of the pandemic or simply want to take advantage of these low rates. Whatever the reason for the...
It’s common knowledge that, when you are getting ready to purchase your first home, you should shop around for mortgages instead of taking the first offer. While you are considering all your options, you should take into account the advantages of applying for a loan...
The global pandemic has created new appreciation for home ownership. Homeowners can benefit from having some space to spread out and, in many cases, have their own outdoor living areas. This has inspired others to take advantage of homeownership. Those who are looking...
In Florida, people who have a mortgage on a property should keep track of trends to determine if they would benefit from a refinancing opportunity. Since the rates can fluctuate, it is wise to pay attention to possible openings to get a favorable rate and improve...
Homeowners across the country are facing unique struggles this year. The current coronavirus pandemic has resulted in job loss and reduced income for many families. This can translate to difficulties making a mortgage payment. Are homeowners struggling to make...
