December 9th, 2015 by admin
Posted in Interest Rates |
Tags: charleston mortgage, down payments, housing, interestrates, mortgage
As interest rates begin to rise buyers in the lose purchasing power. Simply stated, for every 1% interest rates rise, a buyer will lose 10% purchasing power. So with a rate of 4.25% on a 200,000 loan, the payment would be $983/month. When, not if, interest rates rise to 5.25% a buyer would have to…
September 11th, 2014 by admin
Posted in 5% down, avoid PMI, charleston mortgages, columbia mortgages, conventional loan, greenville mortgages, Interest Rates, lender paid mortgage insurance, low down payment, Lowest Interest Rate, lowest mortgage rates, Lowest payment, LPMI, MI, NO MI, NO PMI, private mortgage insuracne, Private Mortgage Insurance, south carolina mortgage, south carolina mortgage broker, Uncategorized |
Tags: 5% down, 5% down and no pmi, best rmortgage rates, can I stop pmi, charleston mortgage, columbia mortgage, do i have to pay pmi, does pmi go away, greenville mortgage, how can I avoid pmi, how do I stop pmi, low down payment, lowest interest rates, what is pmi
The best low down payment loan is Coastlend’s 5% Down Conventional loan that has NO PMI. By avoiding expensive PMI your monthly payment will be much lower and you’ll be able to qualify for a higher loan amount. In some cases as much as $35,000 more just by avoiding the expensive PMI. How does it…
May 21st, 2014 by admin
Posted in Lowest Interest Rate, lowest mortgage rates, Lowest payment, LPMI, MI, Mortgage Interest Rate Deduction, No closing costs, NO MI, NO PMI, Private Mortgage Insurance |
Tags: 5% down, 5% down NO PMI, best lender in charleston, best rates, charleston investment properties, charleston mortgage, charleston mortgage broker, credit score, CTAR, daniel island real estate, fha loans, interest rates, low down payment loans, low rates, mortgage broker, paid closing costs
12 month low?!?!?! Recent mortgage rules preventing buyers from qualifying for affordable rats have been relaxed. Including lowering of credit scores required to qualify for the best interest rates. In addition interest rates have recently declined to 12 months lows. We haven’t seen rates this low since summer 2013. We’re even seeing an uptick in…