Have you ever wondered how the Dow 20,000 will affect your mortgage rates in the Auburn – Opelika are? Mortgage rates are guided by the bond market and demand for mortgage-backed securities, particularly in the short term. The 10-year Treasury often trends with mortgage rates. And again, particularly in the short term, stocks and bonds move […]
8 Tips for Refinancing your Auburn – Opelika home as Mortgage Rates Rise
Have you been thinking of refinancing your Auburn house or Opelika home, but mortgage rates are rising? Don’t worry — you haven’t missed the boat on your refi opportunity. Mortgage rates are still historically low, and they aren’t expected to exceed 5% in 2017, according to many economists and mortgage analysts. Check out the below […]
What Is a Mortgage Rate Lock? The Key to Scoring a Cheap Home Loan in Auburn
Are you planning on buying a house for sale in Auburn or buying a home for sale in Opelika and are wondering what a mortgage rate lock is? A mortgage rate lock is a commitment by a lender to give you a home loan at a specific interest rate, provided you close on your home in […]
