Mortgages are our only business!
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About Mortgage Money |
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Where does mortgage money come from? Fannie Mae and Freddie Mac are the two agencies that provide lenders with the majority of mortgage money. They have strict financial guidelines for borrowers to meet, but also provide the best rates available to those who qualify. Portfolio loans are also available for alternative guidelines. Anchor Mortgage is constantly updating our lender base with the most innovative programs available. We have direct on line automated underwriting with both Fannie Mae and Freddie Mac. Why do rates change? Monthly unemployment reports, the Consumer Price Index and the Producer Price Index - known as inflation indicators - are the 3 elements that give the market the most direction with respect to mortgage rates. The direction of those inflation indicators cause the market to respond with changes in interest rates on a daily basis. Anchor Mortgage is constantly monitoring these rates and the pulse of the market to help its customers choose the right time to lock-in the best interest rates. Our loan consultants are fully qualified to find a mortgage that can even fit challenging scenarios. And, our low rate mortgages are free of costly points.
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© 1999-2002 Anchor Mortgage. MA Brokers #MB0144 |
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Anchor Mortgage Company, Inc
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508-420-1222 |
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