Spring is typically a busy time for buying and selling homes, but the coronavirus pandemic has pushed homeowners and shoppers into new, uncharted territory. Shelter-in-place orders and concerns about contagion have forced many real estate agents to cancel open houses, while unemployment is at a historically high level. But even in the midst of a deadly pandemic […]
Are you Seeking a Forbearance on your Mortgage?
Homeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But, requesting a forbearance on your mortgage isn’t foolproof. Watch out for the Red Flags. The $2.2 trillion CARES Act stimulus package requires servicers to provide forbearance — […]
Is a Housing Crash in the Cards? Some Experts Don’t Think So
Off-the-Charts Unemployment Stokes Fresh Fears of a Recession. Is a Housing Crash in the Cards? An unprecedented number of Americans lost their jobs in March as the coronavirus-driven crisis continued to escalate. That’s according to the latest unemployment numbers, which are inflaming fears that another recession has arrived and another housing crash may not be […]
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