Real estate blog entries tagged with interest rates by Lori Dee Doerfler, (928) 208-9827 (RE/MAX Prestige Properties)

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Home : Blogs : Lori Dee Doerfler, (928) 208-9827 : Lori Dee Doerfler, (928) 208-9827's Blog : Tag "interest rates"

interest rates: Risk Determines RATE... - 02/07/12 06:40 PM

Regardless of what a lender quotes on mortgage rates, the actual rate paid by a borrower is based on a number of variables. Lenders determine whether to loan money and at what rate based on the risk involved with the transaction.
Factors that increase the risk that the loan will be repaid will proportionately increase the interest rate charged to the borrower. If the risk becomes too high, the loan will not be approved.
Loan amounts - conventional loans for more than the conforming limits set by Fannie Mae are considered jumbo loans and generally have a higher interest rate. FICO … (0 comments)

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Lori Dee Doerfler, (928) 208-9827

Lake Havasu City, AZ

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RE/MAX Prestige Properties

Address: 330 Smoketree Avenue S, Lake Havasu City, AZ, 86403

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