Coronavirus Fears Drive Mortgage Rates to 8-Year Low

AP Photo/Kin Cheung 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. Previously, rates have not been this [...]

By |2020-02-25T21:37:30+00:00February 25th, 2020|Mortgage|Comments Off on Coronavirus Fears Drive Mortgage Rates to 8-Year Low

Lowest Interest Rates in 3 Years

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 a refinance of some [...]

By |2020-02-25T21:37:30+00:00August 8th, 2019|Mortgage|Comments Off on Lowest Interest Rates in 3 Years

Winning A Competitive Real Estate Investment Edge – Part II

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, but also [...]

By |2020-02-25T21:37:30+00:00June 14th, 2019|Mortgage|Comments Off on Winning A Competitive Real Estate Investment Edge – Part II

Winning A Competitive Real Estate Investment Edge – Part I

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 blocks.  In real estate investing, creative solutions can ensure success.  When [...]

By |2020-02-25T21:37:30+00:00June 14th, 2019|Mortgage|Comments Off on Winning A Competitive Real Estate Investment Edge – Part I

VRBO Airbnb Income Mortgage Refi

Want to use your short-term rental income to refinance your mortgage?  Hurst Lending can include VRBO and Airbnb income when considering your mortgage refi qualifications. Historically, Short-Term Rental Income Could Not Be Considered When Qualifying for a Refi Refinancing your mortgage for a better interest rate can translate to big savings and [...]

By |2020-02-25T21:37:31+00:00June 14th, 2019|Mortgage|Comments Off on VRBO Airbnb Income Mortgage Refi

Save Real Money with a Refi

Save Big with a Refi This Spring Interest Rates the Lowest in Over a Year Even if you have a good rate on your current 30-year mortgage, this month's low rates might mean that a refinance could save you serious money. Current rates for a 15 year fixed rate mortgage are hovering around 3.5% [...]

By |2020-02-25T21:37:31+00:00April 30th, 2019|Mortgage, Real Estate, Refinancing|Comments Off on Save Real Money with a Refi

FHA Multi-Family Loans

What is a Multi-Family Loan? Federal Housing Administration loans (or FHA loans, for short) are hugely popular for first time homeowners. From low closing costs and low down payment requirements, to reasonable credit qualifications, the advantages to consumers are numerous. It’s less commonly known that, in addition to assisting people in financing single-family dwellings, FHA [...]

By |2018-03-07T22:55:51+00:00February 22nd, 2016|Investment Property|0 Comments