Real Estate Right Now
Paul Fitts - Are Interest Rates Artificially Inflated - Real Estate Right Now - Linda Craft Team Realtors

How Interest Rates Are Artificially Inflated

Are Interest Artificially Inflated? Do you understand how interest rates work?  If you do you are probably in the mortgage or banking industry.  The fact is that most people who buy a home have no idea how mortgage companies arrive at the interest rate you are told. The fact is there is a lot of people involved.  There are some other entities involved.  And truthfully speaking the mortgage company is typically not to blame.  So how do they arrive a the interest rate you and I pay? Well, when you combine data, technical support areas and politics the rate market has quite possibly reached it’s peak, and interest rates are[…]

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Paul Fitts Histor of Mortgage Rates - Real Estaet Right Now Show - Jay Izso

How History of Interest Rates Gives More Confidence to Buy A Home

Anyone buying a home is affected by an interest rate, everyone buying a home in our current rate market asks the same question “are rates coming down?” We just left an 80 year low rate market for several years and as we become accustomed to the market the mortgage rates are perceived as a big change…but are they really? In this episode of Real Estate Right Now, Paul Fitts | Advantage Lending Senior Loan Officer takes us through the history of interest rates and how we can have a more full understanding of how interest rates have changed over the years.  Through his research and data he will explain that[…]

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