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Mortgage Update

The Waiting Game: An $80,000 Mistake

The Waiting Game: An $80,000 Mistake We saw housing prices gain north of 12% along the Wasatch Front and the state of Utah in 2020. That’s remarkable given the circumstances. We know that Utah currently has the lowest unemployment rate in the country. We’re #2 in terms of in-migration, or families relocating to work in […]

How is COVID-19 Affecting the Mortgage Market?

How is COVID-19 Affecting the Mortgage Market? Today we want to talk about the mortgage market and how COVID is changing the mortgage landscape. JPMorgan Chase just announced that it has stopped accepted HELOC applications as of April 14th, 2020. Of course, they’re calling this a temporary pause. In addition to that, JPMorgan Chase is requiring 20% […]

Fannie Mae Assistance Options for Homeowners Impacted by COVID-19

Fannie Mae Assistance Options for Homeowners Impacted by COVID-19 Today we’re going to talk about Fannie Mae assistance options for homeowners impacted by COVID-19. A recent article put together by PRNewswire stated that Fannie Mae wants to help ensure families are given options in these uncertain times in the case of job loss, a reduction in work […]