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Interest Rates

Mortgage Refinancing and Adjustable Interest Rates

October 25, 2007

If you used an adjustable rate mortgage to purchase your home or are considering refinancing your existing loan with an Adjustable Rate Mortgage, there are several things you need to know to protect yourself from economic uncertainty. Many homeowners view Adjustable Rate Mortgages as an unnecessary financial risk and avoid them completely. Here are several [...]

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Mortgage Rates and Your Credit Score

October 24, 2007

If you are considering mortgage refinancing it is well worth your time to review your credit before you contact lenders. Your credit scores influences not only the type of mortgage products you will qualify, but how much each loan will cost you. Before applying for a new mortgage it is important to review your credit [...]

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Mortgage Rates for Dummies

September 24, 2007

Mortgage interest rates are a source of confusion for many homeowners. You’ll see rate quotes published on the Internet and advertised on television, but how do you know if those rates apply to you? There are a number of factors that influence the mortgage rate you will qualify including your credit; however, many homeowners are [...]

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How to Refinance With a Wholesale Mortgage Rate

August 30, 2007

Refinancing your mortgage loan can be a stressful time for any homeowner. No one wants to pay too much when taking out a new home loan; however, most homeowners don’t fully understand how loan originators and lenders make their money. Learning how your mortgage broker is compensated for their work will not only help you [...]

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Is Fixed Rate Mortgage Refinancing Right For You?

August 16, 2007

If you’re in the process of refinancing your home mortgage, you might be wondering what type of interest rate is right for you. There are two basic types of mortgage rates to choose from when refinancing your home. In a previous article I discussed the pros and cons of Adjustable Rate Mortgages; today we’ll discuss [...]

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