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shopping for interest rates: “Today’s Interest rate” – How to Shop for Interest Rates Smartly - 06/10/11 10:35 AM
Shopping for Mortgages & Shopping for Interest Rates Smartly You now want to buy a home and need a mortgage. You would think it would be easy to call around to mortgage companies and ask, “What is today’s interest rate”. Sounds simple, right? Au contraire mon frere…. On the contrary.
There are a few misconceptions that many have when shopping for interest rates.
That all lenders have one basic rate to offer That big lenders or big banks have better rates than smaller lenders and can give discounts That referrals will get you a better interest rate
All … (15 comments)
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shopping for interest rates: How to find a great mortgage interest rate in New Jersey or any other state...... - 09/21/10 04:04 PM
Shopping for that best interest rate. First off, you need to be careful when using the term best, because we always want the best of anything. Remember these two old sayings? "You get what you pay for" or "If it's to good to be true, that it might not be true."
Well, the same could be said when shopping for that mortgage interest rate. I read an article last week that disturbed me some, because I felt it left some important information out. It started out that you should deal with a mortgage broker instead. Here is his … (10 comments)
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shopping for interest rates: We must face reality & common sense in the real estate market. Interest Rates will rise !!!! - 04/08/10 10:46 AM
BE PREPARED – Ready & Armed for any curve balls in today's market
Mortgage Interest Rates have been on the rise. People need to be aware of this, especially if you are shopping for a mortgage and you are already tight on your mortgage payment. When your loan officer pre-qualifies you, they should always show you a comparison with rates about 1/4% higher than today's market. Just that 1/4% in rate could make a difference in regards to your housing budget or just for the fact that you might not qualify now.
Overall, I think too many … (26 comments)
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shopping for interest rates: Mortgage Payment vs Mortgage Interest Rate - 07/20/09 10:00 AM
Mortgage Interest Rates - When people shop for mortgages, one of the first things they want is to know the interest rate. Not only that, they want the best and lowest rate. When your average loan officer hears this, they usually don't want to lose you as a client, so they might low ball the rate a little. It doesn't matter if they put this quote on the good faith estimate. It's just an estimate on a piece of paper that until you have a property and have locked into this rate, some loan officers won't honor this … (14 comments)
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shopping for interest rates: I negotiated for my mortgage... and what did you get? - 12/12/08 04:02 AM
You might find this odd, coming from a man. But I soooo love deals and I actually like different kinds of shopping, especially when I find great deals.
Overall, most of us love a great deal or what I call, "a great steal". Because of today's economy, I think we seek deals more than ever before. And to capture a great savings gives us a great feeling of joy.
Just the other day I read a blog by another loan officer that advised consumers to negotiate for their mortgage. If you were able to negotiate for … (43 comments)
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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
Cherry Hill,
NJ
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Social Media - Infinity Home Mortgage Company, Inc
Address: Cherry Hill New Jersey 08034 08002 08003, Haddon Heights New Jersey 08035, Haddonfield, NJ, 08033
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