sweet asked:


“Imagine you want to arrange a mortgage on your first house purchase. You need $200,000.00 Find the best rates and terms available from three different type of lenders such as a mortgage broker a major bank and a banking company such as president choice. Describe the advantages and disadvantages of each and choose the best one.”

Elvis

BigStorm37 asked:


If I were to shop around for a mortgage on Thursday, what if anything would be different than the motgage rates that I would find on Monday?

Lincoln

Adam asked:


I’m debating to lock in my mortgage today with not so great rates that closed on Friday. Today had a huge stock market rally, do you think the mortgage rates will drop tomorrow?
What I’m debating is should I lock in rates today or wait until tomorrow because of this rally? I know morgage rates are tied to bonds.

Sabrina

stacypeiffer asked:


I am 25, preparing to purchase my first home! I have been saving like a wild woman the past year and a half trying to save as much as possible towards my down payment. I want to save as much as possible before the rates go back up. Anyone have knowledge in finance or mortgages? Only serious answers, PLEASE!

Burl

bk1silver@sbcglobal.net asked:


What is the purpose of this money?

Cesar

BKWeb asked:


What is the formula used to determine the amount of the monthly payment a potential home buyer can afford?

Jamaal