Phoenix Mortgage Broker Thinks Interest Rates Will Stabilize Today! I suggest starting the day by floating; we normally do that. It is a bear market now however so we will not press it and move to lock mode on any weakness. If you float today keep close for our alerts. Unless mortgage markets gain a [...]
Phoenix Mortgage Broker – Daily Interest Rate Update Tuesday, October 6 2009 Now is a great time to buy a Phoenix area home with very low interest rates on FHA, VA or a USDA loan I have started the day by floating. Mortgage rates are bumping against their best since last Spring; both the mortgage [...]
FHA Credit Score and Interest Rate Guidelines have changed! Many Arizona home buyers that come into my office are confused and frustrated when they find out that they are not able to get the low “teaser rates” they see advertised on TV and radio. Why does that happen? Are these advertising practices deceptive? Well, the [...]
Phoenix Mortgage Broker – Mortgage Interest Rate Week In Review FHA, VA, and USDA home loan interest rates had a great week! Home purchase activity has substantially picked up in the Phoenix Real estate market prior to the expiration of the $8,000 tax credit. Last Week; a volatile but good week for the rate markets. [...]
Phoenix Mortgage Broker – Interest Rate Update Wednesday, September 30, 2009 Given the huge double barrel shock to the equity bulls; the Chicago PM index and the ADP employment estimate, we suggest floating to start the day. Yesterday we locked all rate locks overnight in preparation for the employment report and the 10 yr note [...]
