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Housing Updates (Page 2)

Mortgage Rates Fell Another Record Low, Homebuyer Mortgage Applications Hit The Highest Volume in 11 Years

2020-06-17

Homebuyer mortgage application spikes to the highest level in more than 11 years, as mortgage rates fell another record low,  according to Mortgage Bankers Association. Mortgage rates fell to another record low last week causing home buyers to rush back into the real estate market. Mortgage rates fell to 3.30%,Read More

South Carolina Renters Can Get Help From The COVID-19 Rental Assistance Program

2020-05-24

South Carolina renters who lost jobs and income because of the COVID-19 pandemic and got behind on rent could have some relief. The South Carolina State Housing Finance and Development Authority (SC Housing) has launched the COVID-19 Rental Assistance Program to provide rental payments for the affected tenants. The COVID-19Read More

Fannie Mae and Freddie Mac: Borrowers in Forbearance Now Eligible To Refinance

2020-05-20

Homeowners in forbearance on their mortgage will have an easier time refinancing loans backed by mortgage giants Fannie Mae and Freddie Mack under certain conditions issued by the Federal Housing Finance Agency The Federal Housing Finance Agency issued guidance Tuesday that Fannie Mae and Freddie Mac will now allow borrowersRead More

Sticky
buying a home amid COVID-19 crisis

COVID-19: A Guide For Home Buyers and Home Sellers

2020-04-05

Real Estate FAQS Related to COVID-19 for home buying and sellingRead More

Trying To Do a Mortgage Forbearance? Read This First

2020-03-30

If you have an FHA or VA loan and you are trying to do a mortgage forbearance with your loan companyRead More

Fannie Mae, Freddie Mac, and HUD Halt Foreclosures and Evictions in Response to COVID-19 Crisis

2020-03-20

Millions of homeowners will have relief from foreclosure as mortgage lenders Fannie Mae, Freddie Mac, and HUD suspend foreclosures and evictions in response to the COVID-19 crisis. In a statement released by the Department of Housing and Urban Development, all single-family homeowners with FHA-backed mortgages would be shielded from foreclosureRead More

Greenville County Magistrate Court Has Paused Evictions Due to COVID-19

2020-03-17

Landlords cannot evict renters who are unable to pay their rent during this COVID-19 crisis as Greenville County Magistrate Court has paused evictionsRead More

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