Despite the fact that mortgage rates have been decreasing, home sales have slowed in the month of January 2020 (from December 2019). While most economists expected existing-home sales to decrease by 2% in January, t...
Read Full PostFor the second week in a row, as of February 20, 2020, mortgage rates have slightly increased. However, mortgage rates are still at historic lows so there is no reason to be alarmed. The 30-year fixed-rate mort...
Read Full PostEvery single industry has terms and phrases that have a specialized meaning in that circle, these are referred to as “terms of art.” The real estate industry is no different, but if you know the Chernov Team, yo...
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