Search results for “Fixed Rate Mortgage”


Which Mortgage is Best for You: ARM or Fixed Rate Mortgage?
September 15, 2021

Which Mortgage is Best for You: ARM or Fixed Rate Mortgage?

Fixed Rate Mortgage Benefits Not only will the fixed rate you secure today be the same rate 10, 20, and 30 years from now, but the 30-year fixed-rate mortgage is also attractive because you can purcha...


How Your Mortgage Rate is Calculated (and What You Can Do About It)
January 17, 2021

How Your Mortgage Rate is Calculated (and What You Can Do About It)

Why Mortgage Rates Matter If you’re like most homebuyers, there are three mortgage factors that probably concern you most: the closing costs, the monthly payment, and the rate. The lower your mortgage...


A History of Mortgage Rates
February 21, 2022

A History of Mortgage Rates

Inflation and Mortgage Rates In 1971, the average mortgage rate was 7.31% - a rate that may seem relatively high compared to today’s rates. However, in 1974 the average annual rate of inflation began ...


Mortgage Rates On the Rise  Read This Before You Refinance
April 26, 2021

Mortgage Rates On the Rise Read This Before You Refinance

What is a Good Mortgage Rate? The answer to that question can vary depending upon everything from your personal financial situation to current housing market conditions. Of course, the adage, “the low...


Mortgage Rate Predictions for 2022
February 15, 2022

Mortgage Rate Predictions for 2022

The Fed is Fighting Inflation – Expect to see Rates Climb First, what is the Federal Reserve? The Federal Reserve (Fed) is the central bank of the United States that serves to regulate the U.S. bankin...


Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate
November 26, 2021

Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate

Consider a Fixed-Rate Mortgage Fixed-rate mortgages are the most common loan option among borrowers. The rate stays the same throughout the life of the loan, meaning the monthly mortgage payment does...


How Does Mortgage Interest Work?
February 18, 2022

How Does Mortgage Interest Work?

Here is How Your Mortgage Is Calculated Amortization Mortgages are repaid with amortization. This is an established installment loan repayment schedule that includes your overall monthly payment and ...


Mortgage Interest Rates Predictions
May 10, 2021

Mortgage Interest Rates Predictions

10-Year Treasury Bond The 10-year Treasury yield is closely watched as an indicator of broader investor confidence. This is because Treasury bills, notes, and bonds are considered safe investments b...


Why You Should Refinance Your Adjustable-Rate Mortgage?
April 15, 2022

Why You Should Refinance Your Adjustable-Rate Mortgage?

I Have An ARM, But What Does That Mean? With an adjustable-rate mortgage, the interest rate will change throughout the life of your loan, but only after a fixed-rate period. Typically, during that fix...