logan utah mortgage broker: Logan Utah Mortgages 1/5/2011: Is It Possible to Predict Mortgage Rates? - 01/05/11 02:17 PM
Every time I do a loan application with a client I have to bring up the topic of locking or floating their interest rate. I ask them, "Do you want to lock in this rate or would you like to see if rates go lower?" My response hasn't changed for the past couple of years now. I tell them that if they are comfortable with the rate and their payments it is best to just lock it and not worry about it, whether it goes up or down.
There are experts who supposedly have an edge in predicting mortgage rates but … (0 comments)

logan utah mortgage broker: Logan Utah Mortgages - Mortgage Rate Update 11/30/2010 - 11/30/10 05:25 PM
Mortgage rates have been trending upwards for a couple of weeks now. I imagine it is a result of the weakness in the bond market lately. I imagine that this will continue if there are signs that the economy is improving and there is more fear of inflation in the market. Nevertheless, mortgage rates are still incredible and it may make sense for a lot of people at this time to refinance their current mortgage...
Conventional 30 year fixed 4.375% (APR 4.445%)Conventional 15 year fixed 3.625% (APR 3.758%)Conventional 5/1 ARM 3.25% (APR 3.119%)
FHA 30 year fixed 4.25% (APR 4.634%)FHA 15 … (0 comments)

 
John Neil (Bank of Utah) Rainmaker large

John Neil

Logan, UT

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Bank of Utah

Address: 45 East 200 North, Suite 102, Logan, UT, 84321

Mobile: (435) 770-2709

Office: (435) 792-4600

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