Interest Rates
HOW DOES THE FEDERAL RESERVE AFFECT MORTGAGE RATES?
Many people believe the Federal Reserve, through the actions of the Federal Open Market Committee, has a direct impact on mortgage rates. It’s actually more so that speeches from Federal Reserve Committee members, announcements of what the Fed is doing, […]
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Should You Lock Your Interest Rate Today IF You Are Building An Investment Property?
Highlands’ 1 Year Rate Lock Extended Program! Highlands Residential Mortgage is excited to share our newest way to help buyers in new construction. Our Extended Rate Cap Program will guarantee and protect your client’s interest rate for up to 360 […]
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Is It Too Soon to Refinance My Mortgage Loan?
Mortgage rates have fallen a great deal this year and millions of homeowners as well as investors might benefit by refinancing even if they bought a home just last year. Mortgage rates moved lower last week even though the broader bond market […]
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Why is My Rate Higher on an Investment Property Loan?
While it varies based on market fluctuation, you can generally expect investment property financing to be at least 0.5% higher in rate when compared to primary home financing. In mortgage finance, pricing adjusters are added to a loan, which can […]
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