COVID-19 Updates and Forbearance Info

As a designated “essential business,” JVM Lending is open and funding mortgage loans during the COVID-19 crisis. Most types of mortgage financing remain available for qualified borrowers. If you are looking for information relating to payment forbearance, please see JVM's Forbearance Resource Center.

Posts

Why Interest Rates Should Finally Increase This Year; Or Not

INTEREST RATES PLUMMET AFTER 2008 MELTDOWN After the 2008 meltdown, mortgage interest rates plummeted from the mid 6% range all the way down to the low 3% range at various times. More recently, mortgage rates have hovered in the 4% range. Over the last ten years, I have repeated pundit predictions of imminent rate increases […]Read More

“QE 3” Announced – Lowers Rates

QE 3 is short for Quantitative Easing, Round #3. This is a policy where the Fed buys up debt instruments or assets in an effort to push down long-term interest rates. The Fed’s hope is that lower long-term rates will stimulate the economy by giving consumers and businesses an incentive to borrow and invest more […]Read More

“Quantitative Easing II” and Why It Matters

There was much news last fall about the Fed’s “QE (Quantitative Easing) II” program. QE II is a Fed program to buy up long term treasury bonds in an effort to bring down long term interest rates and bolster economic growth. The extra demand by the Fed increases the price of bonds, and therefore pushes […]Read More