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Hanover Mortgages

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What will housing credit look like in next recession?

March 31, 2023 by Brett Tams

We need to understand the credit channels in the U.S. today and why they’re so different than the period of 2002-2008.

Posted in: Mortgage, Paying Off Debts Tagged: 10-year yield, 2, 2022, 2023, 30-year, 30-year fixed mortgage, 30-year mortgage, 30-year mortgage rate, affordability, balance, Bank, Banking, banks, before, big, bubble, Buying, cnbc, cost, covid, COVID-19, Credit, Crisis, data, Debt, Delinquencies, Down payments, Economy, equity, event, existing, Existing home sales, Fannie Mae, Fashion, fed, Federal Reserve, FHA, fico, fico score, financial crisis, Financial Wize, FinancialWize, fixed, foreclosure, Foreclosures, Freddie Mac, future, General, Giving, government, great, Grow, growth, history, home, home equity, Home Sales, Homebuyers, Homeowner, homeowners, homes, Housing, housing boom, housing bubble, housing crash, Housing market, hwmember, id, Income, Inflation, investors, iso, job, jobs, Jumbo loans, lending, loan, Loans, Make, market, MBA, meta, More, Mortgage, mortgage credit, Mortgage Credit Availability, mortgage debt, mortgage market, Mortgage Products, MORTGAGE RATE, Mortgage Rates, Mortgage-backed security, new, non-QM, Non-QM loans, one day, or, Other, payments, percent, Personal, place, points, products, Purchase, rate, Rates, Recession, rise, risk, sales, save, securities, sheets, space, stress, the fed, time, title, traditional, VA, wages, will, work, working

27 cruise ship embarkation day do’s and don’ts

March 31, 2023 by Brett Tams

You’ve planned your cruise, and now it’s embarkation day. You can’t wait to get on board your ship and relax, sip a tropical drink and stare out to sea. You’re on vacation – woohoo! Not so fast. You might be ready to cruise, but the ship’s crew still is getting the ship ready, having just …
Posted in: Moving Guide Tagged: 2, 2022, 429, 457, air, All, allowance, Alternatives, app, ask, at home, Auto, baby, Beauty, bed, before, belong, big, book, Buying, cabin, cabins, chicken, city, Clean, clear, Closet, Clothing, codes, color, consumption, couple, covid, COVID-19, crowds, data, deck, desk, dining, dining room, disney, dos, Emergency, event, experience, Family, Financial Wize, FinancialWize, fire, fireworks, fitness, flight, food, Free, fun, good, guests, guide, health, home, hot, hours, How To, id, items, kids, Land, Life, list, Main, Make, Media, medications, More, Music, needs, new, News, ok, opportunity, or, Original, Other, pa, pandemic, park, party, photos, pillows, place, plan, Planning, pool, project, ready, restaurants, return, Reviews, right, room, safe, safety, sailing, security, Sell, sheets, Side, smart, social, Social Media, spa, specialty, stories, Style, suite, time, tips, tour, tv, vacation, Video, wander, weather, wi, Wi-Fi, will, work, workers

Janet Yellen says bank deregulation may have gone too far

March 31, 2023 by Brett Tams

(Bloomberg) –Treasury Secretary Janet Yellen warned that deregulatory efforts that watered down some post-2008 financial reforms might have gone too far and contributed to the recent banking crisis. “These events remind us of the urgent need to complete unfinished business: to finalize post-crisis reforms, consider whether deregulation may have gone too far and repair the … [Read more…]

Posted in: Refinance, Renting Tagged: 2, Administration, assets, Bank, Banking, Banking Crisis 2023, banks, Biden Administration, Bloomberg, business, california, clear, cost, covid, Credit, Crisis, deposit, Deposits, Donald Trump, Economy, Emergency, existing, fed, Federal Reserve, financial crisis, Financial Wize, FinancialWize, fire, funds, government, hold, house, Inquiries, Invest, investors, Janet Yellen, jobs, Legislation, lending, leverage, liquidity, market, markets, Media, money, More, net worth, new, new york, offer, or, panic, park, place, Politics and policy, president, Prices, quality, Recession, Regulation, Regulation and compliance, Regulatory, repair, risk, sales, sector, Silicon Valley, silicon valley bank, the fed, Treasury, u.s. bank, under, value, war, will, work

Should You Swap Your Bank Account for a Digital Wallet?

March 30, 2023 by Brett Tams

     

Posted in: Banking, Moving Guide Tagged: 2, 2022, 2023, advisor, All, analysis, app, apple, apple card, Apps, assets, balance, Bank, bank account, bank accounts, Banking, Banking Basics, before, Benefits, Blog, bonus, Built, cash back, communication, company, Consumers, contactless, covid, COVID-19, COVID-19 pandemic, Credit, credit card, credit cards, currency, data, debit cards, deposit, earn interest, Family, FDIC, Features, Financial Wize, FinancialWize, funds, gift, Gift Cards, good, Google, helpful, hold, How To, Insurance, interest, interest rates, iPhone, Make, market, mobile, money, More, needs, nerdwallet, new, offer, or, Other, pandemic, Payment apps, paypal, Personal, place, protect, Rates, Research, return, rise, savings, Savings Account, Transaction, venmo, will

Now up to 13 weeks: Why you should renew your passport for summer travel now

March 30, 2023 by Brett Tams

Editor’s note: This is a recurring post, regularly updated with new information and offers. Although your mind may still be on spring break, it’s time to plan your summer vacation if you haven’t done so already. These 11 things should be on your summer travel checklist, including renewing your U.S. passport. As of late March, passport …
Posted in: Moving Guide Tagged: 2, 2021, 2022, 2023, 429, 457, Applications, Auto, average, before, Budget, business, chase, checklist, color, covid, COVID-19, COVID-19 pandemic, Credit, customer service, data, death, Emergency, entry, expectations, experience, Financial Wize, FinancialWize, gallery, government, hours, house, HR, id, international, international travel, Life, Make, More, new, News, offers, or, Other, pandemic, plan, plans, products, programs, proof, protection, Refund, return, routine, Spring, stories, Style, summer, time, timing, Travel, travel checklist, vacation, visa, will

5 Times I Was in Danger as a Real Estate Investor – part 4: Murderer at my property

March 30, 2023 by Brett Tams

I bought another property a few years ago that had some interesting tenants. The local police called it the compound. This property consisted of three houses and a commercial building that was being used as an auto repair shop. All the houses were occupied when I bought the property. The place was for sale for … Read more

Tagged: agent, All, Auto, auto repair, before, build, building, business, Buy, cars, categories, city, Clean, Colorado, Commercial, Compound, cost, couple, covid, crime, electric, entry, estate, eviction, eviction moratorium, evictions, Evictions & Crazy Stories, Financial Wize, FinancialWize, Free, good, house, id, Investor, lawyer, Life, Links, Living, Living in a camper, Local, Media, meta, money, More, Move, Moving, offer, or, Other, place, plan, pretty, property, Purchase, Real Estate, real estate agent, real estate investor, rehab, remodel, Rent, rental, rental property, repair, Residential, right, running, seller, selling, sheets, Side, stories, story, tenant, texas, time, title, town, under, Video, work, Yard, youtube, zoning

4 American Values That Are Fading Fast

March 30, 2023 by Brett Tams

Principles that have guided the nation since its founding no longer are very important to millions of Americans, according to new polling.

Posted in: Moving Guide Tagged: 2017, 2021, 2022, 2023, at home, Children, country, covid, COVID-19, COVID-19 pandemic, data, Family, Financial Wize, FinancialWize, history, home, id, man, More, new, or, organization, Other, pandemic, place, Research, society, survey, The Wall Street Journal, time, value, wall, Wall Street, woman, work, workers, working

FHFA to expand payment deferrals for borrowers facing hardships

March 30, 2023 by Brett Tams

The FHFA said Fannie and Freddie will now allow borrowers facing eligible financial hardships to defer up to six months of mortgage payments.

Posted in: Mortgage, Refinance Tagged: 2023, Administration, All, Apps, balance, Bank, Biden Administration, borrowers, coronavirus, covid, COVID-19, COVID-19 pandemic, Emergency, Fall, Fannie Mae, Federal Housing Finance Agency, FHA, FHA loan, FHFA, Finance, Financial Wize, FinancialWize, Forbearance, Freddie Mac, government, GSEs, health, homeowners, homeownership, Housing, housing finance, Inflation, interest, interest rates, late payments, Leaders, loan, Loans, Loss mitigation, making, MBA, More, Mortgage, Mortgage Bankers Association, mortgage payment, mortgage payments, Move, new, number of loans in forbearance, offer, or, Other, pandemic, payments, plan, plans, points, portfolio, Rates, Refinance, safety, Sandra Thompson, Servicing, survey, sustainable, volume, will, working

SOTM 66: The Road to Economic Recovery in 2021

March 29, 2023 by Brett Tams

Earlier this week, President Biden announced plans to vaccinate 300 million Americans by the end of summer. If successful, we could see rapid economic recovery in 2021. On today’s State of the Market podcast with real estate expert Ari Rastegar, we offer predictions for the U.S. economy this year. We also discuss additional extensions to the eviction and foreclosure moratorium, COVID-19’s impact on commercial construction trends, and more. Don’t miss it!
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Posted in: Small Business Tagged: 2021, Commercial, construction, covid, Deals, Discounts, discover, economic recovery, Economy, estate, eviction, Financial Wize, FinancialWize, foreclosure, foreclosure moratorium, Free, impact, list, market, More, offer, plans, podcast, predictions, president, President Biden, Real Estate, real estate tools, summer, tools, trends

America’s Retirement Score Is Declining: Here’s Why

March 29, 2023 by Brett Tams

Find out how many Americans are on track — and how many are in danger of seeing their retirement derailed.
Posted in: Moving Guide Tagged: 2021, 2022, 2023, All, analysis, assessment, Banking, before, business, categories, climate, couple, covid, COVID-19, COVID-19 pandemic, data, Entertainment, expenses, Fall, fidelity, Financial Goals, Financial Wize, FinancialWize, Free, get started, goals, good, house, id, Income, Investing, investments, kitchen, Land, Lifestyle, Make, market, money, monkey, More, needs, News, or, pandemic, pretty, ready, retirement, retirement savings, Saving, savings, Seniors, short, Spending, stock, stock market, stress, Style, survey, target, time, Travel, tv, under, will, work, workers, working
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