Interest Rates

Several factors go into obtaining a new mortgage, the interest rate is a big one. An option arm adjusts monthly and has the lowest possible payment but the interest rate can increase. A 30 year fixed interest rate loan is the most stable but is going to have a higher monthly payment and interest rate. This page contains links to the information you need to help you decide which option is best for you.

Click here for your personal rate quote prepared by an experienced professional.

Daily Rate Lock Advisory A daily economic report with advise on locking your new mortgage interest rate, it is invaluable to anyone considering a new mortgage.

Interest Rate Sheet A posting of the general interest rates available a personal rate quote will let you know if you qualify for a preferred rate or if you should consider a different loan program based upon your situation.

Lowest Monthly Payment The Option ARM offers the lowest payment option available so you can afford the most home your budget will allow. Option ARM Calculator.

Fixed Verses Adjustable Knowing the differences in the loan terms available can help you obtain the cost effective loan and help you achieve your financial goals. Fixed V Arm Calculator.

Interest Rate Buydown Option An option to lower your fixed interest rate mortgage for the first two years of the loan.

Should You Pay Points Points can also be used to permanently buydown your interest rate during the duration of your new home loan. Points calculator.

Rate Lock Periods The longer your interest rate lock time period, the less competitive your interest rate will be compared to a shorter lock time period. But are rates going to increase before you can close your loan? Thinks to consider when locking your interest rate.

Interest Rate Verses A.P.R. Learn the difference between interest rate and A.P.R.