• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
ABOUT THE AUTHOR
PLEASE VISIT MY SITE
HTTP://INSURANCE.JIMDO.COM
Fatima graduated with a Bachelor's degree in Economics from ColumbiaUniversity and received a Masters in Economics from Singapore NationalUniversity. Fatima comes from a political background, her father Mir MurtazaBhutto - an elected member of Pakistan's parliament - was assassinated bystate police in 1996. His sister, Benazir Bhutto, was Prime Minister at thetime of his killing. Fatima is the author of two books, understanding thefinancial system published when she was 15 years old and basics of debtmanagement. Both were published by Oxford University Press.Fatima currently writes a weekly column for Pakistan's largest Urdudaily newspaper, Daily Jang, and its English sister paper, The NewsInternational. Recently She has completed her MBA in Finance from HarvardUniversity in 2006. Her diary from Tehran is the second the papersprinted; Fatima also wrote a weekly diary from Lebanon .
 
Current Mortgage Rate Tips - How CurrentAre They?FATIMA BHUTTOIf you are on the market for a mortgageyou will soon find out, if you haventalready, that the current mortgage rate isonly current for that day and sometimeseven for just for that hour. The mortgagerate, as with other interest rates, isconstantly changing. There are severalreasons for this constant state of change.A bank makes money when it loansmoney to you. The money a bank loans toyou is first loaned to it through thefederal government. The rate at whichthe bank borrows money is linked to theprime rate, which is the federal interestrate. If you have been following thecurrent mortgage rate, then you know itis usually higher than the prime rate. This
 
is because the bank wants to makemoney from the money loaned to you. Forthis to happen, the current mortgage ratemust be higher than the prime rate.Shopping for a mortgage with the ratechanging everyday can be difficult. Of course, you want to get the best ratepossible, but you never know when therate is going to be up and when it is goingto be down. How exactly can you get thebest rate in such conditions? Here aresome tips to help you.When you check the current mortgagerate make sure it is a reputable source. There are several resources that list thecurrent rates. When you check the rateson a given day, use sources that you cantrust to provide you with the mostaccurate up to date information. Anything
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...