Today’s mortgage rates are lower than they have been in years past. The Federal Reserve has lowered the interest rates to help boost the economy. As prospective homebuyers sign on the dotted line and take out mortgage loans they are doing their part to help the economy. Things to consider when taking out a mortgage [...]
2. October 2008
Homeowners often keep their mortgages 5 to 10 years and then refinance their loan to lock into a lower interest rate. By refinancing for a lower interest rate they can save many thousands of dollars over the course of their loan. Many people bought homes when the interest rate was a lot higher than it [...]
29. September 2008
Low fixed rate mortgage ads are all over the Internet on the websites of lending companies. Different banks, credit unions and mortgage companies advertise their rates, and they may not all be the same. The interest rate that is advertised is not necessarily the rate you will get; it could be lower or it could [...]
13. October 2008
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