By Andy Harris, President of Vantage Mortgage Brokers This question comes up often for most consumers in the United States who take out mortgages. Most need a little clarity on what it means and does not mean when their mortgage…
By Andy Harris, President of Vantage Mortgage Brokers Every consumer has wanted the lowest mortgage rate since the beginning of loan amortization and monthly mortgage payments. No, you’re not unique. Everyone shares this common goal. Lower rates mean lower costs…
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about…
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the…
If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, July 27th, 2022 TIME: 2:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: IMPROVEMENT (since last Wednesday with daily volatility) SUGGESTION: The Fed today announce (as expected) a 75 basis point (0.75%) increase in rates. …
DATE: Wednesday, July 6th, 2022 TIME: 1:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: SLIGHTLY WORSE (since last Wednesday with daily volatility) SUGGESTION: We suggest locking based off inflationary pressures and trends. If floating keep close eye on the market with VMG Broker…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, June 8th, 2022 TIME: 1:20 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Wednesday with daily volatility) SUGGESTION: We suggest locking based off inflationary pressures and trends. If floating keep close eye on…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, May 25th, 2022 TIME: 11:30 AM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: WORSE (since last Wednesday with daily volatility) SUGGESTION: We suggest locking based off inflationary pressures and trends. If floating keep close eye on…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, May 25th, 2022 TIME: 3:10 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: SLIGHT IMPROVEMENT (since last Wednesday with daily volatility) SUGGESTION: We suggest locking based off inflationary pressures and trends. If floating keep close eye…