Mortgage Blog

Mortgage Blog

Mortgage Market Update

For the first time in several months, the mortgage rates have ticked slightly upward this week. This doesn’t mean it is time for panic however since rates are still relatively low. There were a number of factors that had an impact on rates this week including: Stock market improvement – because

Fort Myers Mortgage Broker

Making a decision to buy a home or refinance your existing mortgage is a major financial decision. For many borrowers, the decision to search for a Fort Myers mortgage broker may be one of necessity versus practicality. While it is true that most mortgage brokers have access to a wider variety of

Mortgage Market Update

For those who were watching the bond market on Thursday, there may have been more than a moment or two of panic. The bond market ticked upwards on Thursday, thanks largely in part to volatility in the Mortgage Backed Securities (MBS) trading. Fortunately, these rates settled down on Friday and

Tampa FHA Refinance

Tampa FHA Refinance Refinancing your mortgage is a significant step and one that should not be undertaken lightly. After all, it will take time and resources for you to complete your application and get your loan approved. Fortunately, the FHA now has a new refinance program that could significantly reduce your out-of-pocket costs and help you

3 common purchase mortgage questions

Oftentimes when you are searching for a mortgage, you will have to understand certain things that will help you make a decision. There are some common mortgage questions most people buying a home for the first time will have. Unfortunately, not everyone takes the time to provide answers for these mortgage questions.

Mortgage Market Update

While the bond sales this week showed signs of improvement, mortgage rates also climbed. During the week ending January 11, mortgage applications for new home buying increased just slightly over 11 1/2 percent while refinance applications increased 12 percent. These borrowers will be paying higher rates than if they had

Deciding on a variable or fixed rate mortgage

Whether you are purchasing a home or refinancing a home, you will be faced with several decisions. One of these decisions is whether to apply for a variable rate (or adjustable rate) mortgage or a fixed rate mortgage. Making this decision is never easy and often depends on a number of factors that may impact

Mortgage Market Update

If you are one of the thousands of people who are sick of hearing the words “fiscal cliff” the last minute deal reached by Congress and the White House is a relief. However, the end of fiscal cliff negotiations does not necessarily mean the end of the financial discussions that

Bonita Springs Mortgage Broker

Bonita Springs Mortgage Broker When you are considering buying a Bonita Springs home or are considering refinancing, you may be tempted to go to the local bank with the expectation of getting the best possible mortgage deal. However, this may not always be the best way to secure a mortgage, in fact, hiring a Bonita Springs

Mortgage Market Update

One of the upsides of having the least productive Congress ever if that it’s been good for bond prices. This week was no exception. As Congress left for the holiday with no agreement in sight for the looming fiscal cliff, the bond markets reaped the benefits of the lack of