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Mortgage Brokers vs. Banks – What’s The Difference?

Jan 19, 2011 | About Elite Equity, Information for Homeowners, Mortgage Finance News

When applying for a new mortgage, a borrower can typically choose between going directly to a local bank or working with a mortgage broker. Many people don’t know the exact differences between the two and I wanted to shed some light on this matter. Mortgage Brokers...
Mortgage Interest Rates Seesaw game

Mortgage Interest Rates Seesaw game

Dec 3, 2010 | Information for Homeowners, Mortgage Finance News

When the Fed initiated the stimulus program to purchase billions of dollars worth of Treasury Securities. Mortgage interest rates were expected to lower as investors began buying up these MBS (Mortgage-Back Securities)… and they did.  However, just a couple of...

The future of Interest Rates

Oct 25, 2010 | Information for Homeowners, Mortgage Finance News, Real Estate Investing

To say that interest rates are low is an understatement.  If you compare interest rates of today to the last 40+ years, you’ll see why so many people are in a frenzy to either buy a new home or refinance their current mortgage(s).  In many cases, it makes more...
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