Long-Term Locks For Construction Projects Affiliated Mortgage Company is now offering long-term lock options that can extend out 365 days with a float down option. These programs are available for both purchase and new construction end loans. Pricing Upfront Security Deposit - collected at the time of lock 90 days - 0 pt 120 days - .25 pt…Read more
Mortgage Rate Forecast for End of Year 2014
Mortgage Rate Forecast for End of Year 2014 Economist Dr. Elliot Eisenberg has released his economic forecast for the next few months and it seems as though we can rely on a strong market momentum moving forward. Eisenberg's Predictions: Tapering will end in late October. Federal Reserve expected to raise short-term interest rates by 25…Read more
How to Finance a Fixer Upper
How To Finance a Fixer Upper Purchasing a fixer upper may be a viable option with low housing inventory across the city of Houston. Although many may feel overwhelmed with the amount of repairs or remodeling the property may need, Affiliated Mortgage offers two great programs that present a solution to this problem. Both the…Read more
FIVE New Reasons to Refinance Your Home!
FIVE New Reasons to Refinance Your Home! Along with lowering homeowners mortgage rates, refinancing can be a viable option for owners simply looking to get into a better financial position. Below are a list of possible refinance strategies to prepare for different stages of your life. Prepare for Tuition Costs - Rather than rolling the dice…Read more