When Will Ben Bernanke Blink?  Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far?

When Will Ben Bernanke Blink? Is the Federal Reserve’s Rate Raising Fight Against Inflation Going Too Far?

Published on: 27/08/2024

There is a lot of speculation and debate among economists about whether the Federal Reserve will raise the Fed’s short term interest rate to 5% in their meeting on Wednesday. One thing that is not receiving much attention in all of this is how these steady increases are effecting the bond market, and an inversion in that market has caused a change in mortgage interest rates that hasn’t been seen in over 20 years.

Non Comforming Loan Comparison:  Adjustable Rate Mortgage Versus Fixed Rate Mortgage

Non Comforming Loan Comparison: Adjustable Rate Mortgage Versus Fixed Rate Mortgage

Published on: 07/08/2024

Are all mortgage loans the same? Or can making a choice between one particular type of mortgage get you in trouble if you aren’t careful. In the case of an adjustable rate mortgage versus a fixed rate mortgage it is true that all mortgages are not alike. Of course in many cases the type of refinance loan you can secure has to do with how good or bad your credit has been over the years.

Adjustable Rate Mortgages:  Buyer Beware

Adjustable Rate Mortgages: Buyer Beware

Published on: 07/08/2024

Remember when your mom told you that if it sounds too good to be true, it probably is? The same could be said about Adjustable Rate Mortgages (or ARM in industry lingo). These guys can be a wolf dressed in sheep's clothing and if you aren't careful they are going to huff and puff and take your home away!

Why Choose an Adjustable Rate Mortgage?

Why Choose an Adjustable Rate Mortgage?

Published on: 02/08/2024

Adjustable rate mortgages (ARMs) are appealing to many homebuyers, but what are the risks?

Your trusted partner for fast, affordable, and reliable home financing.

Contact

Sequira Scott

NEXA Mortgage, LLC NMLS# 1660690

Corp: 5559 S Sossaman Rd Bldg 1 Ste 101, Mesa, AZ 85212
NEXA Mortgage, LLC is an Equal Housing Lender

Location

5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

© Copyright - , Mortgage Loan officer | Powered By NEXA Mortgage, LLC .

© Copyright - , Mortgage Loan officer | Powered By Mortgages By Shan

NMLS# 1660690 | 3100 W Ray Road #201 Office #209 Chandler, AZ 85226

NEXA Mortgage LLC is an Equal Housing Lender

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov