The prime interest rate is not set by the federal reserve, but instead it is determined by banks based upon factors such as the discount rate and the federal funds rate. Banks typically adjust their rates in tandem to match market changes...
Refinance, refinance, refinance, it can't be said enough times. Mortgage interest rates are at historical lows and they won't remain there forever. If you have a high interest loan, or you would like to get cash out for home improvements etc. contact us today...
Mortgage lending is a process best done with the assitance of a mortgage broker. Mortgage brokers do lending services day in day out and have garnered experience few home buyers get from the few home purchases they make during their lives...
FHA continues to be an actively involved area of home loans. The Federal Housing Administration insures a wide variety of homes making it possible to pay less money down on your home and take advantage of superior interest rates on your loan...
Refinancing house features the opportunity to take cash out as well as lower your interest rate. If you are in need of cash, your credit has improved, or rates have dropped you should get a free quote from a mortgage broker...
Interest only mortgages can be a perfect fit for borrowers that are looking for smaller monthly payments on their mortgage or are not planning on staying in their home for a long period of time. As the name implies only interest is paid monthly...