by CG | Jul 1, 2020 | Coronavirus Update
Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so...
by CG | Jun 24, 2020 | Coronavirus Update
The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed Kolko, is a...
by CG | Apr 1, 2020 | Coronavirus Update
The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and...
by CG | Mar 31, 2020 | Coronavirus Update
Forbearance: This option may allow customers to temporarily suspend or reduce monthly mortgage payments. A forbearance is not a deferment and amounts owed cannot be skipped or added to the end of the loan. After forbearance, Servicers are committed to working with...
by CG | Mar 30, 2020 | Coronavirus Update
We are here as a resource for you and your families. Please reach out with any questions you have throughout this time. #mnhomeloan #mnrenovation #cghomeloan #mnfirsttimehomebuyer #mnconstruction #mnremodel
by CG | Mar 25, 2020 | Coronavirus Update
With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are...