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Tag: mortgage qualification

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Impact of Fed’s Rate Increase on Mortgage Rates

Impact Of Fed’s Rates Increase On Mortgage Rates So you want to know what happens to mortgage rates when the Feds increase rates? Since mortgage rates respond to market forces, you need to know that the Federal Reserve influence mortgage rates indirectly. Sometimes, mortgage rates increase when the Fed increases short-term rates. This happens because the central bank’s operation set the tone for most other interest rates in the economy. However, mortgage rates don’t always

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Lending

Improve Your Chances Of Qualifying For A California Mortgage With 4 Easy Steps  

When it comes time to buy a home, your first major hurdle to overcome is securing financing through a mortgage. But if you’ve never had a mortgage or similar loan before, you may find the process intimidating – and even more so if your loan application is denied. Whether you’re a first-time borrower or you’ve been through the process before, these four easy steps can help you improve your chances of qualifying for a mortgage,