Interest Rates

Borrowers Often Start with the Wrong Question Once Borrowers understand that it is the Borrower that chooses the interest rate and not the lender, the question that often follows is, "Is it better to pay more upfront cost and get a better interest rate, or take a higher rate and receive a lender credit?"  The [...]

How does Interest Rate Pricing Work? Borrowers often ask the question, "What is the mortgage interest rate at today?"  The correct answer to this question is that there is not a single answer to this question.  Rates are dependent on many variables such as FICO credit score, Loan-to-Value (LTV) ratio, loan type, etc.  [...]