As coronavirus fears hit financial markets, U.S. mortgage rates dropped to an eight-year low. The average rate on a 30-year fixed mortgage hit 3.34% on Monday, according to Mortgage News Daily. That rate hit 3.34% for one day in 2016, before spiking much higher....
US Sees Lowest Mortgage Interest Rates in 3 Years August 8, 2019 By Jay Hurst, Co-Founder of Hurst Lending & Insurance Even if you have a good rate on your current 30-year mortgage, every homeowner should be looking at their financial situation right now to see if...
Non-conforming loans or Jumbo loans are loans with higher dollar amounts which may not be sold to Fannie Mae or Freddie Mac. A Texas Mortgage that is above the conforming loan limit of $548,250 for the year 2020 is considered to be a Jumbo loan. Non-conforming Texas...
How to Save & Make Money Buying a “Fixer Upper” as an Investment Property by Scott Bialek, Co-Founder of Hurst Lending In my first blog of this 3-part series, I shared a case study in which a bridge loan was the key to not only winning an edge over other buyers,...
Using a Bridge Loan to Win a Competitive Edge by Scott Bialek, Co-Founder of Hurst Lending People say I’m a problem solver because I’m constantly looking for ways to help real estate investors (myself included!) be more successful and overcome common stumbling...
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