The Mortgage Brothers Show

Up to date news, tips, and advice, so you can make real estate decisions with confidence.

New and Stricter Rules for Mortgages During COVID-19

05-13-2020About MortgagesEddie Knoell

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.


15-Year Fixed Mortgage vs. 30-Year Fixed Mortgage

05-06-2020About MortgagesEddie Knoell

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