Category: Mortgage Tips

No the Feds Did Not Just Drop Mortgage Rates

Fed Funds Rate and Mortgage Rates

It is our goal to educate our clients and advise them on the best options for home loans. The purpose of this post is to clear up confusion on volatility of financial markets and their affect on mortgage rates. Since the Coronavirus has spread globally, mortgage rates have become extremely volatile. It is true that… Read more »

How New FICO 10 Credit Score Changes Affect Home Buyers

Credit Score Updates

A brand new FICO credit scoring model will be used in the summer of 2020. These credit changes will affect millions of home buyers. Every 5 years or so FICO rebuilds their score model. This new scoring model will look at your credit history for the last 24 months, whereas the current model only looks… Read more »

How to Become a Mortgage Broker in Michigan

How to be a mortgage broker in Michigan.

  Mortgage Broker Growth What is a Mortgage Broker? Mortgage Broker Benefits Loan Support Transparency on Rates and Fees Loan Options How to become a Mortgage Broker With the recent shift in the mortgage industry, many loan originators are wondering how to become a mortgage broker. The rise of a major trade organization, the Association… Read more »