Archive for the "Loans and Mortgages" Category

Raleigh Residential Real Estate – Mortgage Rates Falling – It’s a good time to buy or refinance a home in Raleigh, North Carolina area

Raleigh Residential Real Estate – Mortgage Rates Falling – It’s a good time to buy or refinance a home in Raleigh, North Carolina
Several of our sources are reporting a drop in interest rates. Today Inman News reports the 30-year fixed-rate average sank to 6.08 percent, and the 15-year fixed-rate dipped to 5.79 percent. The 1-year [...]

Read More ›

Raleigh Residential Real Estate – Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Wholesale Lenders

Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Wholesale Lenders
The third type of mortgage lender is a wholesale lenders that predominately make loans to mortgage brokers and mortgage bankers. They often do not have any branch offices that serve the public, but they rely on others [...]

Read More ›

Raleigh Residential Real Estate – Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Mortgage Broker

Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Mortgage Broker
A mortgage broker is a lender that makes loans by brokering them to wholesale lending institutions. A broker will establish relationships with a number of these wholesale lenders so as to be able to offer their clients [...]

Read More ›

Raleigh Residential Real Estate – Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Mortgage Banker

Mortgage Tip for Buying a Home in Raleigh, North Carolina Area – Types of Mortgage Lenders – Mortgage Banker
A mortgage banker is a lender that originates their own loans and often puts together a number of loans to sell on the secondary mortgage market (Fannie Mae, Freddie Mac, loan investors and others). Many times these [...]

Read More ›