Forecast of Home Prices Dropping a Lot Makes JP Morgan to Halt their HELOCs

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In: Home Equity News

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Last updated on November 29th, 2021 at 03:14 pmJPMorgan Chase has temporarily stopped offering home equity lines of credit thanks to the massive increase in U.S. unemployment and projections that U.S. home prices could go down amid the coronavirus pandemic,Continue Reading

Cash-Out Refinance – Does It Make Financial Sense To get One at This Time?

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In: Home Equity News

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Last updated on November 29th, 2021 at 03:18 pmToday, with many people facing tremendous financial uncertainty associated with the coronavirus, cash-out refinances could help homeowners fill in a number of financial blanks. Traditional refinancing is what you are doing onceContinue Reading

Banks Trying to Secure loans to Anxious homeowners looking to Get Cash From Equity

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In: Home Equity News

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Last updated on December 22nd, 2020 at 03:33 pm The economic situation is extreme. That is Bank of America‘s new evaluation of a side of the U.S. contract industry confronting a downpour of uses from property holders hoping to support theirContinue Reading

Unable To Pay Your Loan During The Pandemic – How Government and Banks Are Assisting

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In: Refinance News, Home Equity News

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Last updated on December 21st, 2020 at 09:39 pm James Bullard, leader of the Federal Reserve Bank of St. Louis, recently anticipated that in the wake of the coronavirus pandemic, U.S. joblessness numbers might hit 30 percent in the subsequent quarter.  ConsideringContinue Reading

Major Financial Relief: 90-Day Mortgage Payment Relief During COVID-19 Crisis – Governor Gavin Newsom

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In: Mortgage News, Home Equity News, Refinance News

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Last updated on December 21st, 2020 at 08:04 pm Governor Newsom declares budgetary establishments will give alleviation to a larger part of Californians.  Californians financially affected by COVID-19 may get 90-day beauty periods to make contract installments. Money related establishmentsContinue Reading