by Dan the Man for Mortgages | Nov 1, 2022
Yes, mortgage rates are expected to go higher in the near term, but should decline in 1 to 5 years as the Federal Reserve combats inflation. So, how do you save the most amount of money on your mortgage loan? Solution: 10/1 ARMs at a much lower rate. Below are a few...
by Dan the Man for Mortgages | Oct 25, 2022
Since mortgage rates are so high now and expected to rise more, you could save a ton of money by asking the seller if they have an FHA or VA mortgage loan at a low fixed rate that you could assume. If the seller has 3% rate loan versus minimum 6%+ today n $600k loan...
by Dan the Man for Mortgages | Sep 27, 2022
My belief is we are heading into a recession. Are you considering purchasing a home? How do you still get the best mortgage loan for your needs? Solution: I also believe rates will rise more in the short-term, but will drop to lower levels in next 2-3 years. Here are...
by Dan the Man for Mortgages | Aug 10, 2022
Are you looking for the best fixed rate 2nd mortgage home loan line of credit? Rates are moving higher, right? Well, the Federal Reserve says so. If you had an adjustable Home Equity Line of Credit, your costs would probably be increasing too. Solution: Crazy good...
by Dan the Man for Mortgages | Mar 29, 2022
Are you scared mortgage rates are going to rise 5.00% or higher before you can lock your mortgage rate with your lender when purchasing a home? The Federal government is expected to raise the federal funds rate 5 more times this year to slow the economy and reduce...
