Thriving In New Home Sales
Stephanie Lindamood
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Housing & Mortgage Q&A | The Impact Of COVID-19 On Real Estate With VP Billy Holden (COVID-19 Series)
Bonus 4. Today we are having a Q&A session with VP of American Southwest Lending Billy Holden to discuss the current state with the Coronavirus and how COVID-19 is impacting the real estate and mortgage industry. There have been some changes in mortgage guidelines and some other situations that I wanted to discuss and bring to you guys so that if you are in the market to purchase a home or are a real estate professional you have the most up to date information so you can make the best decisions. Things continue to ebb and flow and there will likely be more changes along the way after this episode airs and we will continue to update you on as much as we can. Some of the questions/topics discussed on the show: -Changes in mortgage guidelines -Difference between a mortgage broker and a bank -What does forbearance mean and should you as a homeowner apply for it? -If your employer is offering a voluntary furlough should you take it before closing on your home? -What are interest rates going to do? -Are home prices going to fluctuate? -Are we going to see a rise in foreclosures? Links/Resources Mentioned: Connect with Billy's TeamConnect with Stephanie on IGJoin the Facebook Insider's Group
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