Once a revenue source is
seen as a ‘panacea’ it becomes an area of focus and I hope that the
Government doesn’t go overboard in trying to raise revenue by stalling the
very housing market that is so heavily relied upon to help move our economy
forward.
Tag Archives | Mortgage Rates
Debt Downgrade and Mortgage Rates – Now What?
It is not often that one can look at an event occurring in the news and say “We’ve just experienced history”. Recently, that is exactly what happened. The U.S. debt was downgraded by one of the bond rating agencies, S&P (Standard & Poor’s) and the way that the world views the United States as the world’s bastion of safe investments will never be the same . . . or will it?
8 Questions Your Lender Should Answer About Mortgage Rates
Simply checking online for today’s posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate. We can preach communication, service and education all day long, but it’s our ultimate goal to earn your trust so that you can be […]
Top Five Market Factors That Influence Mortgage Rates
Timing the market for the best possible opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised and actually attainable can be influenced at any given moment by at least 50 different […]
What’s The Difference Between Interest Rate and Annual Percentage Rate (APR)?
The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised next to the note rate. The inclusion of an APR is actually mandated by […]