| Looking for the Best Interest Rate for Your Mortgage? |
 | |  | |  | |  | |  | |  | |  |
| Benchmark Mortgage | 1750 E. Golf Rd., Suite 310 | Schaumburg. IL 60173 Illinois Residential Mortgage Licensee |
“Here’s the Scoop!”
The purchase and financing of your home is the MOST
IMPORTANT FINANCIAL INVESTMENT and DECISION that
most Americans will make in their lifetime.
If you are not working with a professional who has a
complete, working knowledge of the mortgage industry,
you may not receive the right loan for your individual
situation and at the lowest rate.
Having said that – HOW CAN YOU BE SURE that the person
you are working with has the knowledge to properly
advise you?
IMPORTANT FINANCIAL INVESTMENT and DECISION that
most Americans will make in their lifetime.
If you are not working with a professional who has a
complete, working knowledge of the mortgage industry,
you may not receive the right loan for your individual
situation and at the lowest rate.
Having said that – HOW CAN YOU BE SURE that the person
you are working with has the knowledge to properly
advise you?
What Are the Mortgage Rates Based On?
Mortgage Rates are based on Mortgage Backed Securities or Mortgage Bonds. Some lenders may
not true.
If your potential lender cannot explain this to you concisely and correctly, they do not have the
knowledge needed to advise you of the trends in the mortgage rates.
Mortgage Rates are based on Mortgage Backed Securities or Mortgage Bonds. Some lenders may
not true.
If your potential lender cannot explain this to you concisely and correctly, they do not have the
knowledge needed to advise you of the trends in the mortgage rates.
what YOU need to know before you decide on your lender or mortgage program.
When the Federal Reserve "Changes" Interest Rates, What Impact
Does this Have on Mortgage Interest Rates?
When the Federal Reserve changes interest rates, they are changing a rate called the "Fed
Funds Rate" or "Discount Rate." This rate change affects the ability of financial institutions to
borrow money. While there are often effects on credit cards, auto loans and credit lines,
mortgage rates mostly move in the opposite direction due to the dynamics in the financial
market. Please contact me for a full explanation of the current Fed Funds Rate and how it may
affect your potential mortgage interest rate.
What About the Volatility in the Market Today and How Could
These Events Affect Mortgage Rates?
If your lender cannot explain to you the Mortgage Bond rates and how they might rise or fall
you are not being well served.
I pride myself on many years of experience in this market and have a complete understanding of
how global and national economic events may impact the mortgage rates being quoted today,
as well as reading trends that may assist you in securing a more favorable mortgage rate in the
near or long term.
When the Federal Reserve "Changes" Interest Rates, What Impact
Does this Have on Mortgage Interest Rates?
When the Federal Reserve changes interest rates, they are changing a rate called the "Fed
Funds Rate" or "Discount Rate." This rate change affects the ability of financial institutions to
borrow money. While there are often effects on credit cards, auto loans and credit lines,
mortgage rates mostly move in the opposite direction due to the dynamics in the financial
market. Please contact me for a full explanation of the current Fed Funds Rate and how it may
affect your potential mortgage interest rate.
What About the Volatility in the Market Today and How Could
These Events Affect Mortgage Rates?
If your lender cannot explain to you the Mortgage Bond rates and how they might rise or fall
you are not being well served.
I pride myself on many years of experience in this market and have a complete understanding of
how global and national economic events may impact the mortgage rates being quoted today,
as well as reading trends that may assist you in securing a more favorable mortgage rate in the
near or long term.
informed decision.
and how it CAN impact your home loan options!
