Most people in the housing market will agree that if the mortgage rate is 1% lower than your current rate, refinancing might be in your best interest. No pun intended. That’s why during the height of the coronavirus pandemic, when the economy hit an extremely low point, people rushed to refinance. And this year, according to the Mortgage Bankers Association, refinance loans …
During the pandemic, people bought lots of things. Some bought exercise equipment; others bought puppies. And some bought homes— which was a really smart move, and still is. Today, the average interest rate for a 30-year-fixed mortgage is about 2.8%, according to Bankrate. This is a historical low and nothing short of a home buyer’s dream. Home …
Seasoned Mortgage Broker Bobby “Bugz” Buglak has helped thousands of families purchase their first homes and hundreds of investors add investment properties to their portfolio over the last 23 years across Pennsylvania. He specializes in residential mortgage lending where he personally closes over $30 million in loans annually. Bobby Buglak has worked in every step of the mortgage process including Real Estate, …