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lower interest rate: What Are Points and When Should You Pay Them? - 12/23/09 08:52 AM
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lower interest rate: Rates Have Hit All-Time Low Levels Again! - 12/01/09 03:27 PM
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lower interest rate: Credit Tips That Will Score Lower Interest Rates - 04/30/09 11:14 AM

Karl PeidlSuperior Mortgage CorpAugusta Professional Center 854 S White Horse PikeHammonton, NJ 08037800-706-6671 ext 4349
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lower interest rate: Credit Tips That Will Score Lower Interest Rates - 02/12/09 09:38 AM

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lower interest rate: 4.5% Just A Dream??? - 12/08/08 11:13 AM
Last week everyone was a buzz with excitement.  The Treasury announced they would step up the purchase of Mortgage-Backed Securities issued by Fannie Mae and Freddie Mac in a coordinated move to drive home loan rates down to 4.5%. 
As rates have decreased the past week or so, mortgage companies saw an increase in refinance applications.  News of rates potentially dropping to 4.5% gave cause for many to take a wait and see approach in hopes of landing the lowest possible rate. 
Though the government buying Mortgage-Backed Securities does help drive down rates, it may have been quite careless to announce … (4 comments)

lower interest rate: Why Refinance? - 09/09/08 10:54 AM
Homeowners refinance for different reasons, but the process of refinancing a mortgage should result in some benefit to the homeowner. A borrower may choose to refinance to obtain a lower interest rate and a lower monthly payment, or change the type of loan that they have. Borrowers who started with a high-interest sub-prime loan can often reap the rewards of an improved credit standing by refinancing. Some homeowners refinance to 'cash out' and take advantage of the equity they have earned, while others may choose to refinance to shorten their loan term and build equity more quickly.Regardless of the reason for … (0 comments)

 

Karl Peidl - Accredited Loan Consultant

Moorestown, NJ

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Address: 305 Harper Drive, Suite 3, Burlington County, New Jersey, Moorestown, NJ, 08057

Office Phone: (856) 252-1200 x 1224

Cell Phone: (609) 254-6687

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