Posts

Showing posts from March, 2014

Miami Mortgages and Mortgage Brokers

Housing costs in Miami run much higher than the rest of the nation, making it more critical than ever to ensure that when you purchase or refinance a home you obtain a mortgage at the best possible terms. A difference of a fraction of a point in your interest rate can mean thousands of dollars when extended over the term of a thirty year mortgage. Current Mortgage Rates in Miami Mortgage rates vary significantly from day to day, so you’ll want to make sure you understand the current market before shopping around for a mortgage loan. One of the best places to check is BankRate.com’s mortgage comparison site which explains loan terms from lenders in your area.    Run the Numbers Before accepting any loan, be sure to request a copy of a Good Faith Estimate. These standard reports list all of the costs associated with a mortgage and allow you to compare apples to apples. You can also use online mortgage calculators to assist you in performing your own calculations. Finally, be