Factors That Influence Mortgage Rates
It’s a popular belief today that the U.S. Government directly controls mortgage rates by simply raising and lowering them at will. In reality, it’s a lot more complicated. Read More
May Jobs Report is a Mixed Bag of News
Once a month, on first Friday’s, all eyes and ears of Wall Street, Washington, mortgage professionals across the nation, and even some on Main Street are tuned in briefly to one big thing: the health of the job market in America. Read More
6 Factors That Influence Your Mortgage Rate
Your mortgage rate is a big deal. Since a mortgage is such a large loan, and since the term spans decades, a 1% difference in your mortgage rate can mean a savings of tens of thousands of dollars over time. Getting the best mortgage rate when you buy a home is a must if you want to maximize your finances. Read More
How Do Mortgage Rates Work?
There is a common misconception about mortgage interest rates and how rates are determined. It’s common for many people to mistakenly think The Federal Reserve sets mortgage interest rates. Read More
How to Get the Lowest Mortgage Rate
Snagging the lowest mortgage rate possible can mean saving thousands of dollars over the life of your loan. For example, if you locked in a 4.0% mortgage interest rate rather than a 5.5% rate for a 30-year, fixed-rate mortgage loan of $200,000, you could save more than $65,000 over 30 years. Read More
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