Mortgage rates hit two-year low

Homeowners rush as 30-year fixed mortgage rate drops Mortgage rates trended down this week, with the 30-year fixed-rate mortgage (FRM) dipping to its lowest…

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Hurricane Preparedness

Hurricanes are among nature’s most powerful and destructive phenomena. On average, 12 tropical storms, 6 of which become hurricanes form over the Atlantic…

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NON-ARMS LENGTH

By Nathan Young , founder and president of North Star Mortgage Network, Inc. , an independent mortgage brokerage in Jacksonville, Florida.

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How does the Federal Reserve affect mortgages?

Short answer No. The Fed sets a short-term rate. Fixed mortgage rates follow the 10-year Treasury and mortgage bond markets, so they can move before, after, or even against a Fed decision. Call or text 904-880-6741 Ask about your actual file — no SSN, no credit pull. Every time the Federal Reserve meets, my phone…

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