TheTruthAboutMortgage.com reported a sneak peak on a new FHA loan that will serve the same purpose as the Fannie Refi Plus. In case you do not remember what the Refi Plus did, check out a previous … [Read more...]
Super Low Rates Again, Frisco! Employment-Bad, Earnings-Good
We have seen consecutive days all week long of a better mortgage rate market. Rates are now at rock bottom again, and I think maybe for the last time before we see the recovery of our economy begin to … [Read more...]
Who To Believe While Shopping Your Loan
I was reading a blog on Money Magazine today about the best way to find a home loan. You can see that edition at this link (Money Magazine) Sarah Max explained, "When the easy money was flowing, you … [Read more...]
How is the GDP/Gross Domestic Product outcome going to affect mortgage rates?
The news had the reports front and center about the recent GDP/Gross Domestic Product outcome, and many I'm sure are wondering, "how will this change the mortgage rate market in the short … [Read more...]
How to find the best interest rate for your refinance watching the market?
At this point, making judgment to forecast what the market will deliver in reference to the best time to lock your interest rate has been a coin flip. This week and last week haven't necessarily … [Read more...]
Prime Rate vs 30 Year Mortgage…Charted For Easy Tracking
As a mortgage consultant, we try to answer that ever expected question when the Fed moves prime, "...so, how is my rate affected by the rate change in prime?", but don't always have right on hand a … [Read more...]
