Tag: mortgage rates
Many potential homeowners look at the market and wonder about the future of mortgage rates as they consider the option of buying a home. When making such a significant life decision, it is clearly important to make a well-informed and educated decision. You want to get the best deal possible, and...
Mortgage Rates, Types and Terms – Three Things You Need to Know
While there are several terms associated with the residential lending process, the mortgage rates type form the key components. These include the interest rate, the type of loan, and the term associated. Working with an experienced lender to determine how these three pieces fit together will determine...
How Exactly Are Mortgage Rates Determined?
Most people don’t think too much about how mortgage rates are determined until they are ready to buy or refinance a home. Additionally, the calculation of a borrower’s specific mortgage rate likely depends on more information that may immediately come to mind.
Several factors affect mortgage rates....