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Should I Pay Mortgage Points?

Should I Pay Mortgage Points?

If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho

Jul 18, 2018 | Purchasing a Home Interest Rates

4 Things Every Borrower Needs to Know About Mortgage Brokers

4 Things Every Borrower Needs to Know About Mortgage Brokers

Buying a home in Rhode Island, whether for the first time or the last, is an exciting event. Yet before you even take a look at a single home for sale, it is a smart idea to have your mortgage financing lined up. While it is possible to get a home loan di

Jun 20, 2018 | mortgage brokers

11.16.2015 Mortgage Rate Update

11.16.2015 Mortgage Rate Update

Mortgage rates are little changed as the markets take a wait and see approach due to the attacks in Paris on Friday evening.  Anytime you have some terrorists action or geopolitical event the markets tend to sell stocks and buy bonds as investors turn to

Nov 16, 2015 |

11.13.15 Mortgage Rate Update

Mortgage rates are dropping slightly again this morning in reaction to some positive news today and the stock market decline.  In economic news the October PPI ( Producer Price Index) which measure wholesale inflation fell 04% versus the 0.1% that was exp

Nov 13, 2015 |

11.12.15 Mortgage Rate Update

Mortgage rates are slightly lower this morning as Mortgage Backed Secuirties (MBS) are near unchanged as they try to stabilize near the July lows.  Mortgage rates have risen more than 0.25% since the low seen on October 26.  Several factors are contributi

Nov 12, 2015 |

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