Posts by admin

  • Is the Builder’s Lender Ripping You Off?

    June 28th, 2018 by admin

    Posted in Uncategorized |

    Is the builder’s lenders ripping you off? The answer in most cases is YES!! To often people are feeling pressured to use the builder’s preferred lender or they are attracted to the incentives they offer, like closing cost credits. However those incentives come with great cost in the form of higher rates and paying points….

  • FED Raises Rates and Increases Payments for Nearly All Americans

    June 18th, 2018 by admin

    Posted in Uncategorized |

    The Federal Reserve raised rates another 0.25% last Wednesday. This is the second of four projected increases over this year. How does this effect mortgage rates. It doesn’t directly impact rates, however mortgage rates tend to follow suit on the climb higher shortly after. That’s because the reason the Fed is raising rates such as…

  • Italy Fears Push U.S. Interest Rates Lower

    June 1st, 2018 by admin

    Posted in Uncategorized |

    The Italian banking crisis as well as fears Italy may exit the EU has sent global markets into a tailspin. The fear trade is on which means money is fleeing the equities markets and racing towards the safe haven of bonds. Particularly the U”S Treasury market. This is causing mortgage interest rates to drop. In…