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When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference bet
Aug 15, 2018 | Purchasing a Home Fixed Rate Mortgages Adjustable Rate Mortgages Refinancing a Home
If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho
Jul 18, 2018 | Purchasing a Home Interest Rates
Buying a home in Rhode Island, whether for the first time or the last, is an exciting event. Yet before you even take a look at a single home for sale, it is a smart idea to have your mortgage financing lined up. While it is possible to get a home loan di
Jun 20, 2018 | mortgage brokers
Mortgage rates are little changed as the markets take a wait and see approach due to the attacks in Paris on Friday evening. Anytime you have some terrorists action or geopolitical event the markets tend to sell stocks and buy bonds as investors turn to
Nov 16, 2015 |
Mortgage rates are dropping slightly again this morning in reaction to some positive news today and the stock market decline. In economic news the October PPI ( Producer Price Index) which measure wholesale inflation fell 04% versus the 0.1% that was exp
Nov 13, 2015 |
Mortgage rates are slightly lower this morning as Mortgage Backed Secuirties (MBS) are near unchanged as they try to stabilize near the July lows. Mortgage rates have risen more than 0.25% since the low seen on October 26. Several factors are contributi
Nov 12, 2015 |