What are Home Loan Interest Rates Based On?

How are interest Rates Determined?

Rates correspond with the bond market and change every 15 minutes.
Watch the stock market to see how it is doing.
Stay in contact with your lender. Your lender can help keep you informed.

Be sure to choose your lender wisely. Your Professional real estate agent should have at least three lenders that she can recommend for you to interview before selecting one.

Purchasing a home and taking out a home loan is one of the biggest financial decisions you will make. Be sure to have a team of trusted professionals working with you.

What was the highest interest rate you can remember?

Pam McCoy, Realtor (r)
Coldwell Banker Real Estate
1180 Iron Point Road, Suite 130
Folsom, CA 95630
916.865.8759

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