The Federal Reserve dropped the rate by .50. What does this mean to me? Should I refinance my home?

Today we focused on The Federal Reserve Prime Rate being reduced by .50PT in Emergency Meeting. How does this effect you? Should you refinance your mortgage? Where did rates go?

We also explained how we calculate income for Self-Employed Borrowers as well as how soon that you can buy a home and obtain financing after a bankruptcy. What kind of bankruptcy did you have? What were the circumstances that took place that created the need for the bankruptcy?

Tune in every Wednesday at 5PM to watch us record our show live!

Don’t forget to watch all the upcoming shows in march so you can find out when you can enter the giveaway for Stagecoach 2019 Tickets! We won’t tell you what show we will be doing the giveaway on, so don’t forget to watch every show in march.

How do you get through to Mom? Email is a fantastic way to get through to the Mortgage Mom, Text messages and phone calls are great too! Do you know how to contact us? Text the word “MOM” to 474747 or give us a call 844-935-3634!

Download our Phone App loaded with every mortgage tool that you could need, and last but not least, watch our Homebuyer Workshop Series on YouTube!

Debbie Marcoux is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, GA-69178, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926 | Heidi Slagle-Points CA NMLS ID 1666881

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