Read More




    Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up. 

    Read More

    Mortgage Q&A with Rick Episode 1

    15 vs 30, tricks with PMI, buying down your interest rate and when to lock in

    As I start these episodes, I'm reminded of the encouragement I got from an employee of mine. He told me that I give a lot of great advice and have been blessed with much wisdom in my field... that it's a shame to not have it all written down somewhere for others to learn from. It's for that purpose, I've been intent on including in this blog advice I give to my clients, team and business partners during my time as a loan officer.

    Read More

    What are the Factors That Impact Your Interest Rate?

    It’s no secret that a lower interest rate can mean significant savings over the life of your mortgage. Although interest rates are largely dictated by market performance, there are other factors that influence the rate you receive. When comparing your loan options, it helps to know how your interest rate was derived and what mistakes to avoid when shopping around.

    In addition to market performance, home loan interest rates are influenced by six major factors: loan amount, loan type, loan duration, discount points, closing costs, and credit score.

    Read More

    6 Factors that prove buying is better than renting

    Making The Right Decision

    Read More

    6 Costly Mistakes Buyers Make When Shopping for the Best Interest Rate

    We recently wrote about how mortgage interest rates can have a direct impact on your purchasing power. Logic would follow that by shopping for the best interest rate, you’ll maximize your purchasing power, right?

    Read More

    5 key tips that help borrowers shop for their home loan!

    In an article on USA Today, Brian B. Simmons (CEO of breaks down 5 key tips to help borrowers shop for their mortgage and Borrow Wisely®. Here is the article which breaks it down in simple format.

    Read More

    How Purchasing Power Lowers as Interest Rates Rise

    There’s nothing quite like changing interest rates to quicken the pulse of potential homebuyers. When interest rates dip down, the rates of mortgage applications tend to spike because people want to secure the best rate possible. But when interest rates are increased, people get cautious. Why? It’s all about purchasing power.

    Read More

    When to refinance or just get a mortgage check-up

    OK so you have a mortgage, now what. You did your due diligence when you got the thing in the first place right? You made sure you had not only a competitive rate, but the right loan for you and your family. Wouldn’t it make sense to always have the best loan as the market and your personal situation changes? The problem is that there are no real “systems” or magic buttons you can push that will analyze if you can improve your loan.

    Read More