With so much hoopla surrounding changes “made” to FHA over the last few months, I want to touch on a few items before I address other misconceptions.The FHA loan is a loan that you get from a mortgage lender that is guaranteed by the Federal Housing Administration. My very first loan was an FHA loan. FHA loans have long been misunderstood by...

At the very beginning of the Covid -19 pandemic rates went drastically down based on the uncertainty in the global financial markets.  This had a harrowing effect on lenders, the direction of rates, and the stability within the U.S. economy.  At the very beginning of the Covid -19 pandemic rates went drastically down based on the uncertainty...

This is an extremely extensive overview on how the mortgage market works and all of the issues that Covid – 19 has had on the industry. The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers around capital...