California Governor Signs Eviction Moratorium SB 91 was signed by Gov. Newsom today, January 29, 2021, officially extending the eviction moratorium to June 30, 2021, with future extensions possible. Highlights are: (1) Housing providers must serve a One-Time “Notice from the State of California” to all tenants who have missed one or more rental payments since 9/1/2020. This form…
The Federal Housing Finance Agency (FHFA) has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were put in place due to the COVID-19 pandemic. This is the fourth time that the FHFA has extended protections to homeowners. The previous moratoriums were…
In 2021 standard deduction for single taxpayers will increase by $150 to $12,550, and standard deduction for married couples filing jointly will increase by $300 to $25,100. There are seven tax brackets and for 2021 the tax rate for each bracket is: 10%, 12%, 22%, 24%, 32%, 35% and 37%. These brackets are marginal, which means that different portions…
Refinance now to avoid the 0.5% adverse marketing fee, coming 12/1/2020.
Two options that can help you with your mortgage payment during covid-19.
Veterans can buy a home with no money down. Plus, with the current low interest rates, it’s time to buy a home.
California new eviction law to protects tenants from being evicted for failing to pay rent between March and August of this year.
Mortgage rates have dropped to an average 2.91% for a 30-year fixed-rate loan.
No payment or interest due on federal student loan until 2021.
To refinance your mortgage, it will cost you an extra .5% starting September 1, 2020.
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