They say it takes two to tango.... And Stocks and Bonds continue to battle for investing dollars and trade in seesaw fashion. What's causing this dance in the markets? Read on for details...Gobble Up Good and Bad News! Mortgage Market Guide Update
Because payments in a 15-year scenario are amortized over half the length of a 30-Year Fixed Rate loan, the monthly payments will be significantly higher in comparison. This is an important factor to consider before committing to a 15-year loan. However, the interest rate on a 15-Year Fixed Rate loan will be lower for the same reason - financing for 15 years costs much less than financing for 30 years.Read on...15-Year Fixed Rate Mortgage Loans
Real estate agents! Is your business aligned with today's buyers and sellers? Creative Mortgage Financing
Last Week in Review: The Bond markets may have been closed Friday for Veterans Day, but there was plenty of news before then to keep the volatility churning... Holiday Shortened Week Filled with News - Mortgage Market Update
Some consumers are misled by advertising that quotes unrealistically low rates based on 15- or 30-day lock durations. This is called 'short-pricing.' The lender basically knows the borrower doesn't have time to meet their conditions and have all the necessary paperwork in order within that brief time period. As a result...Rate Lock Duration
Minnesota Mortgage! FHA VA Conventional and Down Payment Assistance Programs Expertise. Peter Boyle - 20 Years Experience! Senior Mortgage Officer - NMLS 218261. Group speaking engagements available.
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