Monthly Archives: October 2018
The Federal Open Market Committee and How Mortgage Rates Are Determined
Good Morning! There can be some confusion in the minds of the average consumer about interest rates, especially as it relates to the Federal Open Market Committee, or FOMC, meetings. About every six weeks, the FOMC meets to discuss the current state o... Read More
What Is A Piggyback Mortgage and Is It Right For You?
Good Morning! A loan program that was popular several years ago is making a comeback and many lenders are now offering options for a mortgage loan program called "the Piggyback mortgage". The following will give you some insight into just what a Pig... Read More
Mortgage Interest Rates Holding Steady and May Even Decline
Good Monday Morning! Finally, some bright news for would-be homebuyers. Mortgage interest rates are holding steady and may even see a decline. This trend may help take heat off of a housing market that continues to be over priced for many buyers. B... Read More