Hey Polk County - New week, great news for the Real Estate industry! The Federal Reserve has essentially said they will buy unlimited amounts of bonds agency (Conventional, FHA, VA, etc) mortgages which will keep rates low and ease volatility in the Mortgage Backed Security markets. This is in addition to other steps being taken by the government.
This, in conjunction with remote/video closings and other developing strategies regarding appraisals, should help our Polk County real estate not seize up during this crisis.
We are currently working at full capacity and remotely. Please check in with us by phone, text or email for any of your Real Estate needs!