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They say it takes two to tango.... And Stocks and Bonds continue to battle for investing dollars and trade in seesaw fashion. What's causing this dance in the markets? Read on for details...Gobble Up Good and Bad News! Mortgage Market Guide Update

 

Because payments in a 15-year scenario are amortized over half the length of a 30-Year Fixed Rate loan, the monthly payments will be significantly higher in comparison. This is an important factor to consider before committing to a 15-year loan. However, the interest rate on a 15-Year Fixed Rate loan will be lower for the same reason - financing for 15 years costs much less than financing for 30 years.Read on...15-Year Fixed Rate Mortgage Loans

 

Real estate agents! Is your business aligned with today's buyers and sellers? Creative Mortgage Financing

 

Last Week in Review: The Bond markets may have been closed Friday for Veterans Day, but there was plenty of news before then to keep the volatility churning... Holiday Shortened Week Filled with News - Mortgage Market Update

 

Some consumers are misled by advertising that quotes unrealistically low rates based on 15- or 30-day lock durations. This is called 'short-pricing.' The lender basically knows the borrower doesn't have time to meet their conditions and have all the necessary paperwork in order within that brief time period. As a result...Rate Lock Duration

 

Last Week in Review: The volatility out of Europe continued, along with the arrival of Friday's Jobs Report for October. "The only things we can be sure of are death and taxes." Benjamin Franklin. And lately, volatility in the markets is another certainty...and last week was no exception. Read on to learn about the week's big newsmakers, and what... Fall Back on These Job Gains MMG Update

 

The Scoop on Inflation and Its Impact on Home Loan Rates. Read on YOU Newsletter Scoop on Inflation

 

Before your next meeting with a prospective client or potential referral source, take a long look in the mirror and ask yourself, "If I was a prospect, would I want to do business with this person?" Read on... Creating Your Image

 

Homebuyer wants to buy a home that costs $300,000. But the buyer wants a better deal on the home, so she delays a transaction until the home is reduced by $10,000. If, in the meantime however, rates were to rise .75%. Read on...Rate versus Price Reduction

 

Trick or treat? Last week, there was big news out of Europe, as an agreement was reached to help keep Greece from going into default. But will this deal mean a frightful time is ahead for Bonds and home loan rates? Read on for... A Treat Out of Europe! Mortgage Market Guide Update

 
 
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Peter Boyle

Minneapolis, MN

More about me…

Summit Mortgage Corporation #1041

Address: 13355 10th Ave North, Suite 100, Plymouth, MN, 55441

Cell Phone: (612) 701-6816

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