Arizona Mortgage Team

How Are Mortgage Rates Determined?

How Are Mortgage Rates Determined? is a post from: Arizona Mortgage Team

How Are Mortgage Rates Determined? is a post from: Arizona Mortgage Team Many people believe that interest rates are simply set by lenders, but the reality is that mortgage rates are largely determined by what is known as the Secondary Market. The secondary market is comprised of investors who buy the loans made by banks, [...]

What’s The Difference Between Interest Rate and Annual Percentage Rate (APR)?

What’s The Difference Between Interest Rate and Annual Percentage Rate (APR)? is a post from: Arizona Mortgage Team

What’s The Difference Between Interest Rate and Annual Percentage Rate (APR)? is a post from: Arizona Mortgage Team The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual [...]

VA Cashout Refinance – Use It For Debt Consolidation or More

VA Cashout Refinance – Use It For Debt Consolidation or More is a post from: Arizona Mortgage Team

VA Cashout Refinance – Use It For Debt Consolidation or More is a post from: Arizona Mortgage Team Refinancing in 2010 is tough in many parts of the country. Why? It is tough because of the severe “correction” we have had in home values over the past few years. Home values have come down which [...]

Qualify for a home vs. Qualify for a IRA

Qualify for a home vs. Qualify for a IRA is a post from: Arizona Mortgage Team

Qualify for a home vs. Qualify for a IRA is a post from: Arizona Mortgage Team As a mortgage guy, from time to time I get asked questions like: “do I qualify for a Roth IRA?” or “what is the difference between a Roth IRA and a traditional IRA?” Of course, my answer is the [...]

Prime Lending Loan Officer Moves To Academy Mortgage

Prime Lending Loan Officer Moves To Academy Mortgage is a post from: Arizona Mortgage Team

Prime Lending loan officer in Phoenix Arizona now works at Academy Mortgage, home of the Ten Day Close.

Jumbo Loan Rates Drop To 2003 Levels

Jumbo Loan Rates Drop To 2003 Levels is a post from: Arizona Mortgage Team

Jumbo loan interest rates are at their lowest point since 2003. Refinancing your jumbo loan can save you thousands by dropping your interest rate even slightly.

What is foursquare and Why Should I Use It

What is foursquare and Why Should I Use It is a post from: Arizona Mortgage Team

What is foursquare and why should I use it? If you participate in social media, it is very likely that you have asked this question by now. It may be that this is the first time that you have heard the actual term, but if you are on facebook or twitter, you have probably noticed someone's updates that start with "I'm at ..." or "I just became the mayor of ...". That is foursquare.

Come Join The Academy Mortgage foursquare Swarm Party

Come Join The Academy Mortgage foursquare Swarm Party is a post from: Arizona Mortgage Team

Come Join The Academy Mortgage foursquare Swarm Party is a post from: Arizona Mortgage Team New to Foursquare? Been on Foursquare for a while? The swarm badge is one of the crown jewels of Foursquare and one of those things that everyone wants to have. Don’t have your Swarm badge yet? Join us for our [...]

Top Five Market Factors That Influence Mortgage Rates

Top Five Market Factors That Influence Mortgage Rates is a post from: Arizona Mortgage Team

Top Five Market Factors That Influence Mortgage Rates is a post from: Arizona Mortgage Team Timing the market for the best possible opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised [...]

Financing On A Foreclosure, Short Sale or New Construction

Financing On A Foreclosure, Short Sale or New Construction is a post from: Arizona Mortgage Team

Financing On A Foreclosure, Short Sale or New Construction is a post from: Arizona Mortgage Team Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing. If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied [...]