by The Mark Klein Team | Aug 8, 2023 | Mortgage Rates
When it comes to securing a mortgage, borrowers are often confronted with various terms and figures that may seem confusing at first glance. Two key components that play a significant role in determining the cost of a mortgage are the interest rate and the APR (Annual...
by The Mark Klein Team | Feb 19, 2021 | Mortgage Rates
When applying for a new home mortgage, many loan applicants initially consider applying for a 30-year fixed rate mortgage. This is perhaps the most common and traditional type of mortgage available. It allows you to enjoy the opportunity to pay for your home over the...
by The Mark Klein Team | Feb 18, 2021 | Mortgage Rates
When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. These may be rates that seem too good to be true, and you may gladly contact the lender or mortgage company to complete your loan application....
by The Mark Klein Team | May 1, 2018 | Mortgage Rates
Many first time home buyers often wonder what factors determine their mortgage rate. Is it their credit score? Is it the type of loan chosen? Is it the size of the loan? The truth is, there are many factors at play. Mortgage interest rates are not standardized across...
by The Mark Klein Team | Jan 29, 2018 | Mortgage Rates
Last week’s economic news included releases on new and existing home sales along with weekly readings on mortgage rates and first-time jobless claims. Home Sales Fall Due to Slim Supply of Homes December sales of previously-owned homes dipped to an 18-year low...
by The Mark Klein Team | Jan 22, 2018 | Mortgage Rates
Last week’s economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan’s report on...