NMLS# 878581
When 30 year fixed mortgage rates dropped into the 3’s in 2012 people went crazy, never had they the cost of money so low. Then in 2020 when they dropped into the 2’s, it created a boom. Home values are at an all time high due to increased demand and a limited inventory. Sellers have… [Read More]
If you were born before the year 2000 then you will have the ability to talk about the two greatest economic depressions our country has seen in the last 50 years. We saw the economy tumble due to the real estate market in 2008, and now we’re in the midst of a pandemic the… [Read More]
With the recent pandemic taking it’s toll we’ve seen conventional financing at all time high. This is because government lending is having difficulty getting guarantees. The government backed loans like FHA, VA and USDA have restricted their credit score requirements in an effort to curb risky lending. This has caused more borrowers to lean towards… [Read More]
With the country in turmoil and “stay in place” orders instilled on almost every state, it has forced certain industries to adjust the way they practice business. Real estate is no exception to the economic wrath either, with many buyers and sellers hesitant to interact with the public there has been a surge in virtual real… [Read More]
The term “COVID-19″ is now a household name and will likely be for many years to come, synonymous with terms like “influenza”. There has been a dramatic turn in the economy and everyone is victim in some way. Whether your employer is laying people off or adjusting to having employees work from home, it’s a… [Read More]
Are you one of the millions who have suffered from temporary layoff / downsizing due to the recent COVID19 outbreak? The good news is you’re not alone, the bad news it’s happening to many people. The lenders however are taking a conservative approach to these new economic happenings. Lenders are tightening up on verifications: In… [Read More]
Welcome to the day-by-day world of real estate and lending, brought to you by the Coronavirus. The unemployment numbers hit 15% and are expected to be at 19% by the end of the quarter. Forward projections have no real insight as to how long it will last, the only thing we can do is hold… [Read More]
Everyone is feeling the effects of the COVID-19 (coronavirus) outbreak, the virus has caused uncertainty in the financial markets and anxiety in peoples personal lives. There are many theories about why such precautions are being taken, and the simple fact is we are in un-chartered waters; there is no protocol for what we are experiencing…. [Read More]
2020 has already been very interesting. The outbreak of the infamous “COVID-19″ virus has influenced financial markets in a way no one has ever seen before. The initial outbreak caused a dramatic dip in the stock market, which caused a decrease in the bond market, thus lowering interest rates to a point we haven’t seen… [Read More]
Disclaimer: This is a neutral article. The legalization of marijuana has been a hot topic for the last several years, with 23 states permitting the use for medical purposes, and 12 of those states permitting recreational use as well. You have a good percentage of the population supporting the legalization for a variety of reasons… [Read More]
Justin Scott NMLS 878581
Executive Mortgage LLC NMLS 271650
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After 5pm and weekends
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