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Interest Rate Lock

Interest Rate Lock

Lock in Your Interest Rate Interest Rate Lock   An interest rate lock is key to ensure you will get the interest rate quote provided by the lender or by the mortgage broker. When purchasing real estate or just refinancing an existing mortgage, you will have to lock in your mortgage interest rate. This can happen early or

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HomeReady

Comparison of HomeReady and Home Possible Programs

HomeReady from Fannie May or Home Possible Advantage Program from Freddie Mac   You want to pursue the American dream but you have a moderate or low income. Because of that, should you give up your dream entirely or there is still hope at the end of the rainbow? Hopefully, if you know how to

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ARM rates

How do banks determine ARM rates?

ARM rates & How Does the Bank Calculate My Monthly Payment? A variable-rate mortgage also known as an adjustable-rate mortgage (ARM), or a tracker mortgage is a mortgage loan which has the interest rate on the note periodically adjusted based on an index that reflects the cost to the lender of borrowing on the credit

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Silverstone Ranch Las Vegas

Silverstone Ranch Las Vegas

Silverstone Ranch Community Association, Las Vegas  First of all, if you’re looking for a home in Las Vegas, Silverstone Ranch Las Vegas offers the best of both worlds.  Not only ready access to the excitement of The Strip but also a peaceful suburban setting. About Silverstone Ranch Las Vegas Silverstone Ranch is a planned community of

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Trump administration suspends mortgage premium rate cut

Trump admin suspends mortgage insurance premium rate cut

Trump Administration Suspends Cut in FHA Mortgage Insurance Rate For 11 days we had one last gift from Obama’s administration dedicated to the housing market. We are talking about the mortgage-fee reduction announced on January 9 that was supposed to become effective on January 27. It was a cut with 0.25 percentage points on the

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