Phoenix Mortgage Broker Updates The Rate Market For Today Start by floating this morning; the rest of the session will be focusing on equity markets. We are not looking for much improvement however, and continue to remind the present condition in the rate markets is bearish; although not aggressively so. Any additional selling in mortgages [...]
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 Exposes Credit Bureau Flaws…Average Client Sees 127 Point Increase In Credit Score If you need help in raising your credit score in order to buy a home, help has arrived. As a Phoenix Mortgage Broker with almost 20 years experience, I have learned how to beat the credit bureaus at their own [...]
Phoenix Mortgage Broker Gives Interest Rate Analysis Floating is going against the grain these days with the rate markets bearish. However, we always look for that opportunity to catch a bounce. If you are able to keep tuned to our rate alerts we suggest floating to start, but if you are unable to keep close we suggest [...]
Phoenix Mortgage Broker Warns……LOCK Your INTEREST RATE We warned of increased volatility this week, the rate markets are near term bearish but with not much enthusiasm for massive selling. Yesterday mortgage prices started better, this morning starting lower. We suggest floating to start the day, but remind to stay close for our updates. Not willing to press the [...]
Phoenix Mortgage Broker Makes Sense Of Today’s Interest Rate Market Floating today is touchy; while the markets are better the likelihood of more improvement through the day is questionable and depends on how equity markets act. We suggest floating to start but we also caution that the near term is bearish for the bond and [...]
Phoenix Mortgage Broker gives his thoughts on interest rate markets If you have an FHA, VA or USDA loan, LOCK YOUR RATE!! Get started on an Arizona FHA, VA or USDA loan HERE Mortgage prices are already lower than at 9:30 as seen below. The 10 yr has taken out its support at 3.28%, the next [...]
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 [...]
Phoenix Mortgage Broker – Daily Interest Rate Update So far today is the first day in the last four that has treasury prices trading higher, mortgages are following as usual. I suggest floating to begin the day but unless mortgage prices advance from morning levels enough to lessen risk of holding overnight we will lock [...]
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 [...]
