Coronavirus and Your Money

Latest News

• As housing rebounds, non-QM mortgages for business owners make a comeback

  These loans disappeared early in the recession. Now they’re back.

  2 min read Sep 22, 2020

  

• Fourth-quarter housing trends: Expect a competitive market as homebuying season extends into fall

  After the pandemic crushed real estate, a huge rebound continues.

  6 min read Sep 21, 2020

  

• The Fed doesn’t directly set mortgage rates, but its near-zero policy is still good for borrowers

  The Fed keeps the party rolling for borrowers.

  3 min read Sep 18, 2020

  

• Biden or Trump: Which candidate is better for mortgage rates, real estate?

  Following the 12 presidential elections since 1972, rates rose six times and fell six times.

  4 min read Sep 18, 2020

  

• Second stimulus check: How much money could you get?

  The plan includes direct aid to taxpayers: $1,200 to individuals and $500 per child and dependent adult.

  3 min read Sep 16, 2020

  

• Will changes at Fannie Mae and Freddie Mac mean higher mortgage rates?

  Billions that could have been placed in reserves have been taken by the federal government.

  4 min read Sep 16, 2020

  

• When will the U.S. economy get back on track following coronavirus shock? Watch for these 5 signs

  The return to normalcy could happen later — rather than sooner. 

  9 min read Sep 15, 2020

  

• Why haven’t 19 million homeowners refinanced their mortgages yet?

  Closing costs pose a hurdle to homeowners thinking about a refi.

  4 min read Sep 15, 2020

  

• What to do if you can’t pay your loans during the coronavirus crisis

  If the coronavirus has left you without income, you may be able to find loan relief.

  5 min read Sep 11, 2020

  

• As virtual homebuying and selling becomes the new normal, here’s how to do it right

  A buyer can back out if the home doesn’t look as good in person as it did online.

  6 min read Sep 11, 2020