http://www.beatmybroker.com/blog Lower Rates, Lower Fees, Better Loans - Everything You Need for Your Next Mortgage Sat, 28 Aug 2010 20:08:19 +0000 http://backend.userland.com/rss092 en All, If you need an FHA loan in UTAH please visit fhahomeloanutah.org by our very own president, Matt Madlang. Go Here: FHA Home Loan Utah http://www.beatmybroker.com/blog/uncategorized/new-website-for-beatmybrokercom-approved-fha-loans-in-utah If you have been to our website and have not used the mortgage inquiry form for your next refinance or purchase, please view the video below for a quick and easy explanation on how to utilize the form to find the lowest mortgage rates! Direct Link to Lowest Mortgage Rates YouTube ... http://www.beatmybroker.com/blog/todays-mortgage-rates/using-the-mortgage-form-in-beatmybrokercom The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. The following questions and answers provide basic information about the tax credit. If you have ... http://www.beatmybroker.com/blog/real-estate-faq/first-time-home-buyer-tax-credit Yesterday was a bad day for mortgage rates, however, we are clawing our way back this afternoon with many lenders repricing better. Most lenders are going to have wholesale rates in the low 5% range, however, the market leader that most mortgage brokers turn to are still offering interest rates in ... http://www.beatmybroker.com/blog/wholesale-mortgage-rates/todays-wholesale-mortgage-rates There's a couple ways to answer the question of when to lock your mortgage rate.  If you are purchasing a home, you likely have purchase contract constraints such as the settlement deadline that forces you to lock by a certain date in order to close on your house in time.  ... http://www.beatmybroker.com/blog/mortgage-faq/when-to-lock-your-mortgage-rate If you're trying to make the plunge and lock in at a low mortgage rate, you're either going to need to depend on the advice of your mortgage professional, or take the time to "read" the market. If you are relying on your mortgage professional to lock your rate (which in ... http://www.beatmybroker.com/blog/mortgage-faq/how-to-lock-in-at-a-low-mortgage-rate The fed announced they would be purchasing mortgage backed securities by the end of the second quarter (2009).  This had a positive impact on interest rates but it seems like it just won't stick for now.  Big deal - rates are still low. Here are some wholesale rates for today from ... http://www.beatmybroker.com/blog/wholesale-mortgage-rates/wholesale-mortgage-rates-at-the-end-of-2008 Here's a glimpse at wholesale mortgage rates through random lenders.  Here are 30 year conventional rates: Lender 1: 4.625% Lender 2: 4.75% These are wholesale rates for borrowers with good to excellent credit with at least 10% down. FHA wholesale rates are not quite as good hovering around 5.0% for the competitive FHA lenders. http://www.beatmybroker.com/blog/wholesale-mortgage-rates/wholesale-mortgage-rates We have been asked several times what wholesale mortgage rates are and what percentage they are at.  How LOW are they compared to what you end up with as a consumer? Well, in the spirit of transparency, BeatMyBroker.com is going to start posting wholesale interest rates from various WHOLESALE lenders.  These ... http://www.beatmybroker.com/blog/wholesale-mortgage-rates/wholesale-mortgage-rate-peek This is a common question.  People want to know why mortgage brokers have an advantage over banks when it comes to interest rates (and hopefully fees). You need to read the YSP (Yield Spread) post to understand this unless you already know what it is. CHECK IT OUT! A certain retail bank that ... http://www.beatmybroker.com/blog/mortgage-faq/bank-or-broker-for-your-mortgage