Mortgage Refinance Lenders CA
| Conventional Fixed-Rate Mortgages | Rate | APR |
| 30-Year Fixed (conforming) | 3.875% | 3.946% |
| 20-Year Fixed (conforming) | 3.625% | 3.723% |
| 15-Year Fixed (conforming) | 3.250% | 3.374% |
| 10-Year Fixed (conforming) | 3.250% | 3.430% |
Affordable payment can help you shop through a variety of lenders, banks, mortgage brokers and providing you custom rates without any of these banks, lenders, brokers. You do not have to give out your personal information to any of these brokers or lenders. Get qualified for the lowest mortgage and right program and excellent support from Affordable payment.
In this Article we shall focus on answering some common queries of Calaveras CA mortgage borrowers:
Finding the best mortgage rates in 2017
Feds likely to increase rates in October. What it means for property owners and First Time Home Buyers
What this means for the existing home owner is that the home prices would continue to increase. What this also means for new home owners is that they would qualify for higher rates.
One of the reason why we see hike in the rates if it does happen in October is that Trump administration is trying to restore lost confidence of the mortgage owners in the system. American and European economy together are said to be growth drivers of the world. Whereas the east has been a supplier of services and materials to the west competing amongst themselves to provide the goods and services at competitive pricing.
A hike in the in the interest rate also means a strong dollar. A strong dollar means investors confidence in American economy.
When the rates are hiked. American investors who had parked their funds in the east. They pull it back to re invest the same in the American economy and that means more employment opportunities for local Americans.
All this doesn’t happen immediately but you can see the effects in a few years time.
You can contact your Calaveras CA mortgage expert to get you the lowest mortgage rate on your refinance.
For more information visit www.affordable-payment.com or call 323-705-3191 if you are a California Mortgage borrower.
Artical by Roger Shanker
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