Posts Tagged ‘best mortgage rates’

Today’s Mortgage Market Commentary 8.19.16

Friday, August 19th, 2016

Today’s Mortgage Rate Summary
How Rates Move:

Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up.

Rates Currently Trending: Read the complete article here

Pre-Qualifying and Pre-Approval for a mortgage are different.

Monday, November 2nd, 2015

When it comes to obtaining a mortgage pre-qualification or pre-approval letter. KNOW the facts BEFORE you go shopping for a home. A little extra time is worth your peace of mind.

 

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