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The Impact of COVID-19 on Real Estate

The global Coronavirus pandemic has affected all industries in one way or another. From large corporations to small businesses, many companies have been forced to furlough workers or temporarily close their doors and watch profits dwindle. In addition to hospitality and retail, the real estate industry is another market that has taken a hard hit….

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Mortgage Approval Becomes Difficult Amid COVID-19

In response to the COVID-19 pandemic, lenders have placed tougher restrictions on mortgage loan approval. As this global crisis continues to negatively impact our economy, lenders are looking to take on less risk – starting with mortgages. Factors for Loan Approval Mortgage loan approval is a multi-step process. The applicant first needs to assure the…

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3 Market Trends to Watch

Real estate predictions can often be tricky. There are many variables at play and unforeseen circumstances can greatly impact how the market will react. While real estate experts have already unveiled their 2020 predictions, plenty can change in the next few months. Here are three below-the-radar trends that could affect the housing market. More Affordable…

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2020 Real Estate Predictions

If the new decade is your time to enter the real estate market, 2020 is off to a promising start. According to industry predictions, a potential rise in interest rates and an increase in home construction are both anticipated this year. However, many analysts warn that initially positive market forecasts could end up falling short…

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Is Now the Time to Refinance?

After the Federal Reserve cut interest rates in October for the third time this year, the option to refinance home mortgages became more attractive. However, low interest rates do not always mean refinancing will be in your best interest. If you’re thinking about this financial move, keep the following points in mind. Get a Better…

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