Need Mortgage Help?
888-760-0222
Fast Mortgage Rate Quotes

Tag Archive | "mortgage rates"

Qualifying for a Better Mortgage Interest Rate

You may not know it, but the interest rate you’ll pay for your home loan depends on a number of different factors. Changing any one of these factors can help not only make you a better candidate for a loan, but also ease the financial burden that comes from a major purchase like buying a […]

Read The Full Post »

Tags: , , ,

Tips for Paying Down Your Motgage Fast

Whether you have an FHA loan or a private mortgage from the bank down the street, the idea of paying off your loan is no doubt attractive. If you’re in a good place financially, there are ways to take your 30 year mortgage and pay it off in half, or even a third of the […]

Read The Full Post »

Tags: , ,

Adjustable Rate Mortgage Terms

Many new home buyers are focused more on the affordability of their monthly payments today without enough focus on the future payments they may have to pay if their loan adjusts to a possibly higher rate sooner than expected. Sometimes borrowers will take a shorter term, adjustable rate term when a longer term adjustable rate […]

Read The Full Post »

Tags: , , ,

Fixed and Adjustable Rate Mortgage Basics

With mortgage rates at some of the lowest levels in decades, many borrowers are considering whether a fixed rate or adjustable rate mortgage is better suited for their needs. We are going to walk you through the two main mortgage options that you can select from, along with the core benefits and some of the […]

Read The Full Post »

Tags: ,

Before You Apply For A Mortgage Be Careful With Your Credit

Consumers In The Eyes Of Lenders Your credit history may seem like a vague and abstract stack of file entries to you. But to banks, the numbers and ledger entries are all they need or want to know about you. What lenders find in your credit report will determine how they respond when you apply […]

Read The Full Post »

Tags: , , , , ,

Income Stability Gets The Mortgage Done Better Here Is Why

Income stability is the key attribute that mortgage underwriters wish to see in a home loan applicant. When you begin the process of buying a home and applying for a mortgage, your lenders review your financial history very carefully. Based on the policies of the bank, what they know about risking large piles of cash, and […]

Read The Full Post »

Tags: , , , , ,

Should You Trade Discount Points For Your Down Payment?

Should you divert funds from your down payment to get better terms on your monthly payments? Or should you go the opposite direction and add to your equity? How about getting cash back at closing? These are all things that you can do by adjusting the level of discount points that you agree to pay […]

Read The Full Post »

Tags: , , , ,

Finding The Absolute Lowest Interest Rate

Where Do You Find The Lowest Interest Rate On Offer Today? Many factors play roles in determining home loan interest rates. Some of these things are structural and economic, and others are because of the terms that you accept when you take out a new home loan. The Prime Interest Rate The prime rate is the lowest […]

Read The Full Post »

Tags: , , , , ,

Get Ready For The Bump When Your ARM Adjusts!

The Day Has Arrived That day that you thought was far off in the future when you signed for your adjustable rate mortgage has come. Yes, it’s time for your interest rate to adjust and you don’t know what to expect. Perhaps you secured a low initial rate by going with the ARM or you planned […]

Read The Full Post »

Tags: , , , ,

Why Shorter Terms Pay Lower Interest Rates And Other Interesting Facts

Where is the logic in the way that lenders choose interest rates? Why are fifteen-year home loans cheaper than thirty-year mortgages? To understand how banks and finance companies set prices you have to look at it from their perspective, the point of view of the people who are lending the money. They are in it to […]

Read The Full Post »

Tags: , , , , ,

Mortgage Rates