by Irene Moustakas | Nov 6, 2008 | Industry News, Rates, Tips
From one day to the next, hits and improvements on credit score brackets got much stricter. Hits for lower credit scores (anything below 740) are bracketed by increments of 20 points starting with a 620 FICO. Based on today’s interest rates (which are really good...
by Irene Moustakas | Sep 11, 2008 | Rates, Tips
Every once in a while, a new client or referral will tell me that they saw rates that were lower than what I may be quoting. I appreciate having this conversation because I’m given an opportunity to tell them why. Not why the rates I’m quoting may be...
by Irene Moustakas | Sep 9, 2008 | Rates
The Fannie Mae/Freddie Mac takeover has proved excellent for interest rates. I’m quoting my clients about a half a percent less than I was just 1 week ago on any given loan product. Both national and foreign investors are buying mortgage bonds in full force...
by Irene Moustakas | Aug 12, 2008 | Business Promotion, Rates
One of my fortes in my business is that I’m constantly monitoring the market and interest rate trends – always daily and often hourly. If you’re ever curious where they’re headed or WHY they’re headed that way, I’d be happy to talk...
by Irene Moustakas | Aug 8, 2008 | Rates
We’re in an extremely volatile market and it isn’t unusual to get multiple interest rate changes within a single day. It feels like lenders are quick to increase rates when the market is doing poorly, and slow to improve rates when the market is doing...