You’ve probably read articles or saw on the news about mortgage rates being at “historically low levels.” This news may have even caused you to act, calling up your mortgage lender and checking out a couple of other lenders. The mortgage rates that lenders are quoting you are low, but not as low as you expected. Find out why the rates you’re hearing about and the rates you are receiving as quotes don’t quite match.
Posts Tagged ‘mortgage rates’
Mortgage Rates: Why What You See Is Not What You Get
November 10, 2011New Realities of Mortgage Refinancing (Part 2)
September 28, 2011In part one of this series, we discussed some of the new realities of mortgage refinancing in an interview with Quicken Loans Vice President and mortgage industry veteran, Stephen Luigi Piazza. The discussion continues here in part two, with more tips and trends that homeowners should know about if they want to refinance their mortgage today.
How to Do the (Operation) Twist
September 23, 2011In the early 1960s, a new dance craze gripped the nation: The Twist. Youngsters stopped slow dancing and started “twisting the night away.” At the same time, the American economy was slow dancing too and The Twist sounded like just the thing to get the economy moving.
Flash-forward to 2011, the economy has slowed again and the Fed is out of new dance moves. This has given rise to new talk of “Operation Twist,” a strategy used in the 1960s to spark a similarly stalled economy. Find out what it is and how it affects you and your wallet.
New Realities of Mortgage Refinancing (Part 1)
September 21, 2011With mortgage rates at record lows, many homeowners are looking to refinance their mortgages to save money on their monthly payments and/or pay off their mortgages faster. But what do people need to expect if they want to refinance? Is it still possible to get a home loan? Do you need a perfect credit score? What does it take to qualify, and what options do borrowers have for structuring their new loans?
6 Steps to Prepare for Debt Ceiling Fallout
July 25, 2011The economics and politics of the most recent financial crisis – hitting the financial debt ceiling – will make your head hurt. However, following a few simple steps can bulletproof your personal finances from significant debt ceiling fallout.
3 Ways to Lower Your Mortgage Rate
March 3, 2011If you’re planning to buy a new home, there are a few things you can do to save yourself a bundle of money before even walking into your first open house. By positioning yourself to get the lowest interest rate on your home loan, you can save thousands of dollars over the life of the mortgage. We show you how to do it.
5 Tips to Get Your Financial Life Ready for the New Year (Part 2)
December 14, 2010In part one of this article, we looked at some key “to do” items to get your financial house in order in time for the new year. In addition to monitoring your credit, debts and savings, there are also some smart moves you can make to save on 2010 taxes and improve your long-term cash flow by re-thinking your home loan.
