The question I get asked the most in regards to Massachusetts Mortgage Rates, is what drives them. My clients are amazed that it is not the fed. When the Fed makes a move, they can change a rate called the “Fed Funds Rate” or “Discount Rate”. These are both very short- term rates that impact [...]
Posts Tagged ‘Equity Credit Lines’
Mortgage Rates – What Drives Them?
Posted by admin on June 5th, 2010
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Tags: 30 Year Mortgage, Auto Loans, Credit Cards, Double Edge Sword, Equity Credit Lines, Fed Funds Rate, Fed Move, Financial Markets, Home Equity Credit, Home Mortgage, Impact Credit, Inflation, Interest Rates, Massachusetts Mortgage Rates, Mortgage Bonds, Mortgage In Massachusetts, Mortgage Massachusetts, Present Time, Stock Market, Stockbroker 
No Comments »Hybrid Home Equity Loans Changing the Face of Second Mortgages
Posted by admin on March 29th, 2010
Applications for home equity loans and second mortgages recently hit a 15 year high. According to Freddie Mac, “88% of homeowners who refinance their homes in the 1st quarter got a mortgage at least 5% larger than their first loan.” Since this was the largest increase since 1990, and the Fed continues to increase key [...]
Posted in Article Tags: Consolidating Credit Card Debt, Convertible Equity, Credit Card Debt, Equity Credit Lines, First Mortgage, Fixed Rate Loan, Home Equity Loan, Home Equity Loans, Home Equity Products, Home Improvements, Laguna Beach California, Mortgage Products, Nationwide Mortgage, Nelms, Pool And Spa, Real Estate Investor, Second Mortgages, Subordinate Financing, Unused Portions, World War Ii No Comments »How to Obtain a Bad Credit Second Mortgage
Posted by admin on January 29th, 2010
We all know banks are not loaning money as easily as they used to when a loan is applied for. The fact is they are now looking much closer at credit scores before they make a decision on who qualifies and who doesn’t qualify for a loan. It is possible to get loans with bad [...]
Posted in Article Tags: Bad Credit Loan, Consolidate Debts, Contrary, Credit Card Debts, Credit Mortgage Lenders, Credit Report, Credit Scores, Equity Credit Lines, High Interest, Home Equity Credit, Income To Debt Ratio, Intention, Interest Debts, Loan Officer, Loans With Bad Credit, Mortgage Loan, Original Mortgage, Refinance Mortgage, Second Mortgage, Single Payment No Comments »