Comparing Today's Mortgage Rates With Loan Love's Live Rate Quote Tool
Press Release, News
SAN DIEGO, Nov. 5, 2013 /PRNewswire-iReach/ LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals and has the mission of helping consumers and borrowers to obtain the latest information on mortgage lending trends, the real estate market and the U.S. financial landscape in order to help them obtain a home loan that they will love. Loan borrowers can find all they need and more when trying to understand the real estate landscape with the numerous articles and guide videos. One of the many features on the home loan advice website is the live rate quote tool, which can help loan borrowers in comparing today's mortgage rates. This helpful little tool can prove useful with today's ongoing changes in interest rates.
Alongside the Live Rate Quote Tool is a handy article that can help a loan borrower scope out suitable loan by providing them the few key components to look for when comparing loans. Locking in lower rates now may be more important than ever, as foreboding news in a report from Mortgage News Daily dated November 1st states:
"Mortgage rates continued higher today, after breaking a very long, very flat streak following last week's jobs numbers. Like yesterday, today's culprit was stronger-than-expected economic data, this time from the national Institute for Supply Management (yesterday's was the regional Chicago ISM). The losses were more pronounced, however, bringing the most prevalent 30yr Fixed conforming rate quote (best-execution) up to 4.25%. Part of the problem into the end of this week owes itself to the trading levels that ultimately underlie and inform mortgage rates. In addition to economic data and other market fundamentals, trading of a particular security can also be informed simply by the past precedent of that security itself!"