By Darren Morris
In the middle of this Covid situation, there are so many things that are in flux. One of these might be your finances. And a big part of your personal finances might be a mortgage. This is the PERFECT time to make plans for the future of your mortgage.
- Are you in Forbearance? Forbes magazine is reporting over 4 million mortgages are in forbearance. Kind of great that your mortgage holder is giving you a break on payments, but what happens when the break is over? Most are going to require those payments to be brought back to current. That may be an increase in payments to pay off the difference or maybe they will extend the length of the loan.
- Have you thought about Refinancing? Record low mortgage rates have been