Mortgage Rate Update: June 2022
Since the beginning of the pandemic, we’ve been tracking the highs and lows of mortgage rates on this blog. In 2020, we saw week after week of record-breaking cheap rates …
New California Program Helps First-Time Homebuyers
Like the rest of the country, the California housing market is now so competitive that it’s become increasingly difficult for residents to realize their dream of buying their first home. …
Big News: FHFA to Make Desktop Appraisals Permanent
During the pandemic, people started working from home out of necessity. Even though it’s relatively safe to go back, many companies have elected to make the change permanent, as some …
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Blue-lining: How Banks are Factoring Climate Change into Mortgage Decisions
As climate change accelerates, a growing number of homes across the country have been destroyed by more frequently occurring natural disasters. In California, wildfires have always been a threat, but …
Read MoreBlue-lining: How Banks are Factoring Climate Change into Mortgage Decisions
Coronavirus: Refinancing Options and Eligibility for Homeowners in Forbearance
Thanks to the pandemic, many homeowners were unable to keep up with their mortgage payments, and as of September 2020, 3.5 million Americans have a home loan in forbearance under …
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Happy Holidays from IET Capital
We wanted to take a moment to wish you and your family a happy and healthy holiday season. Luckily, 2020 is almost over, and though it’s been a difficult year …
New Single Family Loan Limit Announced By the FHA
On Wednesday, December 2nd, the Federal Housing Administration announced their new loan limit for Singly Family homes which will go into effect in 2021. Compared to 2020, the new limit …