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Welcome to The Mortgage Corner® of New England "Our Low Rates and Great Service Add Up!" |
175 Metro Center Blvd, Suite 9 Warwick, RI 02886 RI 401-732-4141 MA 877-862-6363 |
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Massachusetts
Mortgage Brokers License #MB2483 Rhode
Island Mortgage Brokers License 20021323LB
2002 - 2008 The
Mortgage Corner®, Inc All Rights Reserved
PRIVACY POLICY
Mortgage interest rates are set each day by lenders and are subject to change without notice. Mortgages are sold on the secondary market just like stocks. They are commodities that fluctuates with the market. Since world events can play a major role in the market's movement understanding what drives the mortgage interest rate market may help you understand the risks and advantages of locking-in to an interest rate.
Economic Calendar This Week
This week the following economic data will
be released which might have an effect on the Mortgage-Backed
Securities.
Click Here
Mortgage Bond Market Update
The following is an update regarding the mortgage bond
market activity during last week of trading and insight in to the
direction of mortgage rates. These comments are provided for
informational purposes only.
Past Weeks Moves In
Mortgage Rates
| How Mortgage Rates Set? |
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Mortgage interest rates are set each
day based on the price of the Mortgage-Backed Securities
(MBS) that are sold in the market each day. Just like the
sale of U.S. Treasuries on the open market the MBS are sold
daily. The price fluctuates with the demand for this type
of instrument. |
| The Secondary Market |
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An
informal market where existing mortgages are bought and
sold. It is the traditional aftermarket for mortgage loans
that brings together lenders that sell mortgages with
investors and agencies that buy mortgages. |
| Mortgage Rates |
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% Check Out These Great Rates |
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Ask About Our Guaranteed Closing Cost Program We guarantee your closing costs will not exceed our quoted fees. |
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Who Is The Mortgage Corner® |
Why The Mortgage Corner® | Our Customer Testimonials | ||
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At the Mortgage Corner® of
New England you can count on low rates, no "junk fees" and
prompt service. Our referred business allows us to keep costs down
so we can give you what you need - low rates and low closing costs. |
Our 60 years of combined mortgage experience business can help you with all your mortgage needs. We are a local mortgage broker with national lenders. When you talk with us you talk to the owners. We guarantee great service!
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