Phoenix Mortgage Broker reveals why shopping for the lowest rate is a BIG MISTAKE!! That’s right, shopping for the lowest interest rate is one of the BIGGEST MISTAKES Phoenix homebuyers can make! Let me explain; about two months ago I received a call from someone looking for a new mortgage to purchase a home in [...]
Are you searching for a Phoenix, AZ home? If so, Phoenix area homebuyers should be monitoring interest rates every day! Bookmark or sign up for our RSS feed or Twitter feed to receive this market update on a daily basis. Interest rates can have significant swings on a daily and have a huge impact on [...]
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 - Daily Interest Rate Update Thursday October 1, 2009 I am starting today by floating; not willing to hold overnight however unless mortgage prices improve from morning pricing levels. We very rarely hold any positions in the market leading into employment reports. At 8:00 this morning the stock index futures were trading [...]
Phoenix Mortgage Broker Daily Update – September 28, 2009 Hold rate locks and continue floating this morning; while not much change from Friday’s closing levels, holding in the face of a strong stock market this morning. Keep focused on our rate alerts; we have nice profits from floating last week and we are not willing [...]
