Mortgages Archives | First Choice Lending Services

The 3 Economic Indicators We Watch Every Week (And Why They Matter to Mortgage Rates)

The 3 Economic Indicators We Watch Every Week (and Why They Matter to Mortgage Rates) If you’ve been following mortgage rates lately, you’ve probably noticed they seem to change for reasons that aren’t always obvious. One week rates improve, the next they climb — even though the Federal Reserve hasn’t announced any major changes. So […]

Loan Language and What It Means to You

When it comes to buying a home, there are different types of loans offered by lenders to consumers. Of course, keeping track of them all can confuse homebuyers, especially if it’s their first time purchasing a house. Fixed Vs. Adjustable All loans adhere to either a fixed or adjustable mortgage rate schedule. Sometimes, it can […]