Mortgage rates are a highly advertised number in the housing market. They are calculated based on the entire economic picture and are always changing in reaction to our economy. Because rates are in constant motion, all advertised percentages are based on old information and, at best, only an approximation.
Each loan product available to home buyers has a different rate. Your personal financial situation will also play a part in calculating your rate. Options Financial Residential Mortgage is prepared to provide you with insight on each variable that comes into play. Along with a little bit of your information, we can supply you with a tailored rate quote that is true to current market conditions.