Friday, February 8, 2008

What Determines Mortgage rates?

Every time the Federal Reserve cuts rates consumers figure mortgage rates have improved. Fear of inflation, jobs and the bond market affect long term rates like mortgages more than anything the Federal Reserve does.

Rates currently are in the 5s for folks with good credit and equity. These rates are at historic lows. Did you know the difference between 5.5% and 6.75% on a loan of $150,000 is about $121 a month or $1500 annually? A savings of about $45,000 over the life of the loan.


Apply today to see what your savings could be.

Tuesday, February 5, 2008

APPLY 24/7

Apply by calling 414-416-9194 anytime or go to www.glmcdirect.com to loan application and scroll down to my name.