News

Are interest rates going up or down

Good News. Interest rates are low!!! It looks like rates are going to continue to stay low! Have you ever wondered how to gauge whether or not mortgage rates will go up or down? Here are some valuable hints. There are many different factors to why interest rates fluctuate. The best and most accurate way to forecast is by watching the performance of the 10 year Treasury bond. All fixed rate mortgage products are securitized to bonds Read more

Are rates lower when the FED makes a cut

The Fed just made a cut! Didn't you hear the news? Mortgage rates are going to be rock bottom!!! This is one of the biggest misconception made by the general public when the Federal Reserve makes a cut to the Banking rate. It comes from the media. They portray these cuts as an immediate decrese in mortgage rates. It's almost always not the case!!! This creates a lot of confusion in the average Americans mind. These cuts are generally made to reduce inflation. Read more

Government to the Rescue

The Federal Housing administration was created in 1934 and has helped countless Americans over the years. The purpose was to create an organization which advocates for the average to low income family trying to purchase a home. It is estimated FHA has helped over 32 million families from the beginning of its existence. This is so important for the general public to know. Why? Read more