Direct Lending with The Money Store

Everybody in this world wants convenience. And that certainly applies to getting a mortgage. People who want to buy and finance a house would want the easiest way to make it happen which is why many would choose to go to a lend that offers the best services as well as the most affordable mortgage rates available in the market.

A company that is known to be synonymous with mortgages for almost 40 years is The Money Store. This is a federal trademark registered company of MLD Mortgage Inc. The Money Store is known in the nation as one of those companies that have the lowest rates in terms of mortgages. They have revolutionized the industry by their “common sense” approach and good partnership with their customers.  With their excellent customer services, their clients have indeed trusted them well enough.

The current mortgage rates they have are good opportunity for people to gra. With their 30 year fixed term, the rate is 3.500% and the annual percentage rate or APR is 3.576%. For the 15 year fixed, the rate is 2.875% with an APR of 3.046%. On the other hand, the 5 year ARM rate is 2.875% with an annual percentage rate of 3.234% while for the 7 year ARM; the rate is 3.250% with an APR or 3.336%.

For those people and families who want to apply at The Money Store, they will most likely get a good rate and they will also be well informed throughout the whole process especially in terms of the usual payments and fees.


Mortgage Rate Standings at Lenderfi.com

It is necessary for people who have plans of getting a new home to know the right mortgage rates in order for them to apply for the loans which suit their budget best. There are many financial companies and banks today that are offering mortgage loans espescially in this down market. Many people are losing their homes and thus most of these people may want to avail of refinancing schemes or perhaps sell their house and move to smaller homes where they are capable of paying off the mortgage.Mortgage rates then are the main factor that interested individuals will have to consider first.

One company that is offering good mortgage rates and loans is Lenderfi.com. They make the processing of making a loan very easy to do and understand.The process of getting a mortgage is direct which will make it faster and simpler. Another factor why many people also trust them is because of their current and well updated mortgage rates. The rates they have compete nationally and thus people are assured of getting the best.

As of August 7, 2012, they have updated their mortgage rates. People who want to get loans should grab them now while the rates are still quite good. For the 30 year fixed rate they have with a loan up to $417,000, the rate is 3.250 with an annual percentage rate or APR of 3.338. While the rate for the 15 year fixed is 2.750 with an APR of 2.836. And for the 5/1 ARM, the rate is 2.375 with an APR of 3.055. These rates are better especially that the national average rate is 3.77%.

People who want to make mortgage loans should then inquire and apply at Lenderfi.com. Those people who are meticulous can feel free to ask questions or make clarifications with their staff. They also have a website that clients can check up on to get the latest mortgage rates. In this way, when they will see the right rates for them they will be able to have the loans they want.


Features of Huntington National Bank’s Mortgage Rates

Families who are looking to buy a new house and are having trouble with financing should consider getting the right mortgage loan. A mortgage can divide huge payments into affordable monthly amortizations, helping the average Joe acquire the house of his dreams. Getting the right mortgage means keeping up with payments and avoiding foreclosures. This is why it’s absolutely essential to get a mortgage from a bank that understands your needs.

Huntington National Bank is quite known in terms of mortgage rates and loans. They also have a lot of financial services like credit cards, certificates of deposits, and other loans just so they can cater to all people nationwide. The bank certainly does want to provide the best to its clients and future customers.

Mortgage Rates

In terms of mortgage rates, the fixed conventional rate term is often the choice many people. The first term they have is the conventional 30 year fixed has an interest rate of 3.375% with an APR of 3.622%. The next which is the conventional 20 year fixed has an APR of 3.609% with an interest rate of 3.250%. While for the conventional 15 year fixed has interest rate of 2.625% and APR of 3.086%. And the last in the conventional is the 10 year fixed with an interest rate of 2.625% and an APR of 3.243%. These are the common terms in which many families would apply for. The terms they have are very convenient and accessible to those who are interested. The process Huntington National Bank offers is great for everybody and for every family. So to those who are interested should start looking and understanding all the process now in order for them to get the mortgage they want.


Reaching Your Dream House with the HSBC Mortgage Rates

Everybody dreams of having their own house where their families can live together. It is very difficult to have or even build a house today and thus those who want to have their own would go to financial institutions such as banks in order for them to get mortgage loans. People are very careful in picking the right bank since a mortgage is one of the biggest loans you can make so it’s only right to get one at an institution which you know will care for you.

HSBC is one of the leading financial institutions that offer outstanding services to its customers. They have a strong capital and lending policy that they are quite known for. So for those who want the best mortgage rates then this is the place to go to.

They have good mortgage options for their premier clients. A common choice is the fixed or variable mortgage rate. It is a lock in rate with the right fixed mortgage. So what are the current rates HSBC now has? For the 15 year conforming purchase, the rate is 3.125% with an APR of 3.348% while for the 15 year conforming refinance, the rate is 3.250% and an APR or annual percentage rate of 3.475%. On the other hand, a rate of 3.875% and an APR of 4.007% are for the 30 year conforming purchase. The rate for the 30 year conforming refinance is 4.000% with an APR of 4.134%.

Those who will be choosing the fixed mortgage rates with these annual percentages will certainly be able to get the dream house of their own at prices they can afford. With HSBC, people can have houses and live a life full of happiness without worrying too much on their monthly payments. In the end, those who are interested should now go to HSBC and inquire all about the loans and mortgages.


Mortgage Rates and Refinance at OC Mortgage Group

In terms of mortgages, people always look for companies that can offer the best deals and rates. Since there are so many types and companies to choose from, it is very important to consider what makes a specific financial company different from the others. One such institution that’s a cut above the rest is OC mortgage group. Their main goal being a mortgage institution is to provide the best services to those who badly need the right mortgage solution. They also provide competitive interest rates. The rates are important since obviously, these are the basis for people to get affordable amortizations. OC Mortgage Group also makes sure that those who will be seeking for their help will have the perfect mortgage that will fit their needs and capabilities.

Rates

For their 30 year fixed term program, the rate is 3.625% compared to the national rate which is 3.89%. In this term, the APR is 3.844%. On the other hand, the 15 year fixed term will have a rate of 3.000% with an APR of 3.379%. And the 10 year fixed term has an APR of 3.423% and the rate is 2.875%. These rates are quite competitive compared to the other rates from other institutions. Those people who will be having these fixed term programs will continuously pay the same fees all throughout their term which financially wise because it avoids interest hikes that can throw your budget off.

Aside from fixed mortgages, OC Mortgage group also offers mortgage refinancing loans. This is the type of service that will allow clients or customers to improve and change their current terms and rates. It will also give chance to those who want to change or modify their type of mortgage program or term. With the mortgage refinance, it will allow home owners to replace their current homes to new houses which will give them better homes to live in. Some other benefits of the mortgage refinance include lower rates, getting cash outs, decrease in payoff time, home improvements, and debt consolidation. These benefits will surely help those who need it badly.


GMAC Mortgage Specialist: Making the Right Decision with Mortgage Rates

For those looking for competitive mortgage rates, GMAC Mortgage might just be the place to go. What makes GMAC Mortgage different? Simple, it’s their dedication to customer assistance. Not all of us are familiar with the home loan process, and that’s where GMAC comes in. GMAC Mortgage has a dedicated team specialist that will help in every step of the mortgage process in order for borrowers to make the right decision. Their rates are low and competitive and their loan programs vary to accommodate the needs of the people. And lastly, this company is a subsidiary and owned by Ally Financial Inc.

Mortgage Variations

The first mortgage variation they have that is the usual choice for most is the fixed rate mortgage. This kind of mortgage will assure the borrowers that their mortgage monthly payment will not change over the life of the loan they have chosen. This is generally the safer choice for most because interest rates don’t spike unlike adjustable rate mortgages. When people decide on the fixed rate loan, they will then choose the program or term they want to have. The most common is the 30 year fixed with a rate of 3.625% and an APR of 3.73%. The other term they have is the 15 year fixed with an APR of 3.191% and the rate of 3.625%. On the other hand, the next variation they have is the five year ARM with an adjustable rate that will fully be disclosed in terms of the amount an individual or family will borrow.

More Things To Love At GMAC

Aside from their competitive mortgage rates, there’s more reason to get a mortgage at GMAC. First of all, they can give as little as 10-20% down payment requirement on the value of the house. Another thing is, you won’t be charged with a penalty should you decide to make pre-payments. This way, you can save on the interest, while getting ahead on your loan.

Those who are planning to buy a house should carefully look for the best mortgage company in order for them to have the best deals they can have and GMAC can certainly have you saying yes.


The 30 Year Fixed Mortgage Rate at Quicken Loans

Mortgage rates and loans are very important for those people and families who want to have their own houses to make into their home. We all know that the real estate business as of today has reached an all-time low because of the recession. With all of these, there have been many families that lost their houses due to foreclosure. However, the advantage of this is that new buyers can get houses at low prices, and better yet, at affordable mortgage rates. There are a lot of financial companies that these families can go to and one of these is Quicken Loans.

About Quicken Loans

Quicken Loans is a very reliable and stable company that is helping a lot of people through their affordable mortgage rates. It is also recognized as one of the largest lenders online. The same company was also recognized to have funded an amount of over $30 billion in mortgage loans. Right now, their 30 year fixed loans are appealing to many borrowers.

Their Rates

Fixed loans are structured in such a way that the rates will remain the same upon lock in and until the maturity of the loan. This means no fluctuation in interest rates as compared to adjustable rate mortgages. 30-year fixed loans are most popular because the length of time helps keep the monthly payments low. This will also help in refinancing specific percentages of up to 95% in the owner’s primary home value. You can get loans from $25,000 to $ 2,000,000. The 30 year fixed mortgage rate is 3.875% with an APR of only 4.05 %.

The lower the mortgage rate, the lesser you’ll pay in terms of interest. What’s more, borrowers will not be charged any pre-payment penalties. For those who are still looking for the perfect mortgage, Quicken Loans might just offer the right mortgage for you.


Pay Less On Closing Costs With Affinity Plus Credit Union

Planning to purchase a home as your holiday gift to yourself and your family? You might want to consider getting a mortgage with Affinity Plus Credit Union. Their current rate for a 30 year fixed mortgage is at 4.195% APR which is a fair rate. Although there are other providers who can offer a lower interest rate, there are some perks which just might make you want to seal the deal with them.

Should you decide to get a mortgage with Affinity Plus, there are two options you can choose from to make the loan burden lesser for you. First, you can choose to have no closing costs but your APR will increase by 0.25%, or you can opt for a reduced closing cost of $1,499 and have no rate increase.

This offer is valid only for a first time mortgage and all loan products will be subject to approval.

Benefits of Taking a Mortgage and Refinancing With Affinity Plus

Affinity Plus Credit Union not only offers a reduction in your closing costs, but they also offer other services to make your loan application as easy as possible. They have a Preferred Realtor Program that will help you find the home that you need at a reduced cost. The Credit Union guarantees that you will certainly pay less in realtor fees. Home buying workshops are also available for the education of their borrowers, and of course, closing costs will not remain a mystery since the amount will be revealed to you from the very beginning.

Membership

The following individuals are eligible for membership with Affinity Plus Credit Union:

* employees and students of the state of Minnesota
* member of The University of Minnesota Alumni Association
* lives, works or worships in Roseville, Arden Hills, Mounds View, Shoreview, St. Anthony, New Brighton
* is a Minnesota Twins employee, or a family member of a Minnesota Twins employee
* or is a relative or housemate of any eligible person or current member

If you do not belong to any of these categories, you can also be a member by paying a one-time $25 fee to the Affinity Plus Foundation.

About Affinity Plus Credit Union

Affinity Plus Credit Union has its roots since 1930 and today it has over 126,000 members with assets of over $1 billion.


Mortgage Rates Hit Another Record Low

According to the Primary Mortgage Market Survey the national average for the 30 year fixed interest rate has dipped below 4%.

The average 30 year rate is 3.94% with .8% in fees and points.

This rate sets a new record low for interest rates. The first week of October in 2010 the average 30 year rate was 4.27%.

What does this mean for borrowers?

Now is an excellent time to be able to purchase a house, or if you have equity to refinance. There are reports that some borrowers are still on the fence, wondering if rates are going to bottom out anymore.

Last year there were the same concerns. A common question we got was, “Are Mortgage Rates Going to Go Up in 2011?

At the end of 2010 mortgage rates started to rise. It looked like rates in 2011 would go up and stay up. In February rates hit 5%, but sense then have again declined to the current record low.

Investors are still extremely cautions, the economy remains in shambles, there is a threat of a second recession, unemployment is still very high, the housing market has not turned around. All of these factors are contributing to the low interest rates.

Are the low rates going to stick around?

Yes and no. In there short term there is no economic forecast that would suggest rates will increase “over night”. Once mortgage rates increase for good it will most likely be a slow process following the recovery of our economy and the housing market.

Should I buy or refinance?

Yes. Record low housing prices and record low rates is a recipe for a great home with a low payment. Even if house prices stay low for a few more years it is still an incredible opportunity to purchase a home. In fact never in the last 50 plus years have Americans had the opportunity to get locked into such an incredibly low 30 year interest rate.


No Hope For Savers – Long Term Interest Rates Going Down

Earlier in the week the Fed announced a plan to move short-term securities into long-term holdings, such as 50-year bonds. This move would ultimately affect mortgage rates and other consumer and business loans. As investors buy up U.S. treasuries, yields will drop in response, forcing interest rates on mortgages to also drop. Over the past week the 30-year mortgage has dropped from 4.18% to 4.00%, pushing further into record-breaking ground. Just how far will mortgage rates drop? As long as the US economy stays weak and the Fed keeps short-term rates near 0%, mortgage rates could stay close to where they are right now.

How does this affect savers?

Anyone not buying a house, car or taking out long-term loans will be affected negatively by the current moves of the Fed. As long as banks and other financial institutions can get money at near 0% interest, they have no need to get it from investors. When the Fed increases rates, the cost to banks for borrowing money increases, this will in turn give the banks an incentive to pay its customers more to borrow their money.

Whenever you place your money into a bank account, savings account or certificate of deposit, the bank uses that money to lend to its customers of credit cards, mortgages, car loans and any other type of loans. In turn the bank charges an interest rate for these loans and pays its customers its borrowing money from a part of that percentage. This is how the banking system makes its money. When rates are down, the banks have no reason to pay a higher rate to investors. Therefore, as long as interest rates are at or near 0%, investors will lose, while those buying long-term loans will win by the decreased cost of borrowing money.

Will interest rates increase in 2011?

The U.S economy is projected to grow at an annual rate of 2%, not even keeping up with the rate of inflation. The current inflation rate for 2011 is 3.8% (US Inflation). When the Fed announced that it would keep interest rates near zero percent for ‘an extended period’, they said so because there was little prospect that the economy would recover within the next two years. This means that interest rates would stay low for this period of time, giving borrowers more time to make purchases or to borrow money at record low rates.

One of the dangerous causes of low interest rates is inflation. If inflation increases, interest rates would need to be increased to control the increase of inflation. The only hope for savers to see an increase on their savings accounts or CD rates in the near future would be to see an increase in inflation. Then it becomes a game of when, or if the Fed will renege on their original statement that interest rates would stay low until at least mid-2013. If the interest rate the Fed sets is not increased until 2013, then I do not see CD rates or Savings rates increasing until 2013 also.

Where are the best interest rates for savers?

If you are looking for the best interest rates on CDs or savings accounts, then stay away from major banks. Check your local credit union, as these financial institutions tend to have the best CD rates anyone can find. Melrose Credit Union is a great example of a Credit Union offering some of the highest rates on their certificate of deposits. Melrose is also a credit union open to anyone, while most credit unions are only open to specific groups of people.

Pages: 1 2 3 4 5 Next