The Current Housing Boom Is Correcting The Underwater Mortgage Trend Real estate prices have been driven up by a surge in demand and a lack of new construction. For the first time since the housing crash in 2008, some homeowners have the chance to get out of their underwater mortgages. Despite the fact that…

An Aggressive New Mortgage Assistance Program Is Part of the American Rescue Plan The Biden administration is launching the Homeowner's Assistance Fund as part of the American Rescue Plan. States will receive block grants to provide mortgage assistance, and lenders will be required to offer the aggressive new mortgage modification program to all borrowers.…

Low Mortgage Rates Are Bringing Buyers To The Real Estate Market Mortgage rates are at a historical low. Some lenders are even offering loans at less than 1% APR. The rates are the lowest they have been since this winter, and are scheduled to remain this low for at least the next month. Many…

Mortgage Rates on Trend To Remain At Record Lows Mortgage rates have been below 3% for the past twenty days. Predictions speculate that the rates will remain in a stable low for the rest of the month, then slowly begin to climb again. This is an ideal time to refinance your home. It is also…

Rising Real Estate Prices Raise Homeowner Equity by 20% Real estate prices have risen sharply, making homes more valuable. Homeowners throughout the US are currently seeing a 20% increase in equity. While some homeowners are profiting from the surge by selling, this equity can also be tapped through home equity lines of credit and cash-out…