Do mortgage rates fall before or after weekends?
I wanted to know if mortgage rates tend to change before or after a weekend. I am planning to refinance my mortgage, but I wasn’t sure if it would be better to do so before the weekend. Would I receive...
View ArticleHow do current mortgage rates help new home builders?
Q: I’d like to buy new construction as a result of the great mortgage rates right now. However, by the time I’d close on my house in December, it could be a totally different ballgame and rates could...
View ArticleIs it true that mortgage interest rates go up usually in summer and come down...
Q: I am a planning to get a home in Bay Area. Is it true that Mortgage Rates usually go up in summer and eventually calm down during the end of the year? A: Sounds like hogwash to me…I suppose in...
View ArticleWhen the Fed cuts interest rates, how long does it take to reflect in...
Q: I’m looking for mortgage rates online and want to build modular next year, now just looking for the best deal and wondering when today’s Fed actions will be reflected in the offers I find. A: Cuts...
View ArticleWhere can I find the best mortgage rates in Virginia online?
Q: I am looking for an online mortgage lender thats does mortgages in Virginia Beach, VA. Who has the best rates? A: I actually just got preapproved to purchase a new home with a pretty nice interest...
View ArticleHow does locking in a mortgage rate work?
Q: If you lock your mortgage then 1 week later rates go down Am I re-able to re-lock my rate with no penalty. A: Most large lenders have a rate renegotiation policy. Its not always published and its...
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