The Mortgage Brothers Show

In this episode, we touched base on mortgages as it relates to where we are with COVID and how it is affecting purchases, refinances, timing, pricing, and the like. The virus is causing mortgage lending and bank guidelines to continually evolve and tighten down. Banks want to protect themselves from the risks that mortgages inherently have during times of uncertainty. Some borrowers will find it more difficult to get pre-qualified in the current climate compared to before the virus.

In this episode, we went over commonly asked questions about 15-year-fixed mortgages versus 30-year-fixed mortgages.