by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
Lower mortgage rates is a common misconception that is perpetuated by the mainstream media when the Fed makes an announcement of lowering rates. However, when the Fed cuts interest rates, mortgage rates can actually increase. Fed 101: According to Wikipedia: The...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Rates
Timing the market for the opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised and actually...
by Ed & Barbara Heiser | May 11, 2018 | Refinance Process
Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. Although there are several reasons to...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Programs
* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1. ...
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