Income Opportunities Magazine - Issue V-28396

 

Income Opportunities Magazine COVER Page
FULL PAGE ADVERTISERS
How YOU Can Advertise
In This Magazine




Tips for Locking In the Lowest Mortgage Rate

Whether you are a first time home buyer, or you have been purchasing real estate for years, one of your main goals other than finding the perfect piece of property is to make sure that your mortgage rate is as low as possible. Anyone who has had to navigate the tricky waters of the mortgage markets knows that rates can vary day by day and knowing when to lock in the rate can save you thousands over the life of the loan.

When looking for a mortgage one of the most important things to keep in mind is that competition is key to getting the lowest rate. Many first time home buyers make the mistake of not shopping around for a mortgage. They take the first offer that is presented to them and often end up with a rate that can be as much as one or two full points higher than rates for others with a similar financial background. They think that their real estate agent is there to help guide them to the best choice - when in reality they are there to earn their commission. The best advice for new home buyers is to always make sure that you separate your financial transaction of buying the house away from the process of finding a home. The rule of thumb is you should compare rates from at least three different providers, more if you have the time.

Even experienced real estate buyers can sometimes end up over paying their interest. The biggest gotcha is not locking in your rate when you had to the chance. This is especially true in times of economic downturn or when there is uncertainty in the credit markets. Often you have less than 48 hours to lock in a rate once presented to you by your lender. If you are uncertain whether rates are going to go up or down after you lock in a good rule of thumb here is to watch the 10-year Treasury note. Mortgage rates tend to follow the yield for the 10-year note more than they do any other short-term investment, including Fed rate adjustments.

When you do decide to lock in a rate make sure that you get it in writing, including a full disclosure of the terms. Oral agreements won't hold up should you need to pursue legal action. A written agreement protects both you and the lender from any miscommunications. You will know exactly what you are getting on what terms and how long the rate lock is good for. Typically, you want to aim for 30-60 days to give you enough time to find the house that is right for you. However, 30 days is becoming more standard as the rate markets continue on their rollercoaster ride.

You might also want to consider asking about a float-down agreement to lock in the rate. Under this agreement the lender keeps the rate at your locked in value should rates go higher, but if they decrease they lower the rate to match. The only drawback to these agreements is they can be expensive and depending on the size of the mortgage note the cost to enter into such an agreement may very well offset any savings you would gain unless the mortgage rate declined by more than half a point or more in many cases.

Locking in a mortgage rate is the best way to get the mortgage you want at terms you can agree with. It lets you focus on finding the perfect home of your dreams instead of worrying about fluctuating mortgage rates.




 

Income Opportunities Magazine
FULL PAGE ADVERTISERS

-00-H-KELLY.pdf
-00-JEANTY.pdf
0-WANT_TO_PURCHASE_MINERALS_&_OTHER_OIL_&_GAS_INTERESTS.pdf
00-A-HOWARD.pdf
00-C-ADAMS.pdf
00-C-PRIDGEN.pdf
00-CALVIN-JAMES.pdf
00-J-GARNER.pdf
00-JC-PATTON.pdf
00-JMARS.pdf
00-LYONS.pdf
00-M-DERRICK 2.pdf
00-M-DERRICK 3.pdf
00-R-MIZER.pdf
00-R-RAGLAND.pdf
00-RJ-LYONS.pdf
00-S-EISON3.pdf
00-S-SMITH.pdf
00-Vaught.pdf
00-W-SMITH2.pdf
00-w-powell2.pdf
00_OIL_&_GAS _INTERESTS.pdf
01-D-Foley.pdf
01-DEL-PILAR.pdf
01-J-HURLEY.pdf
01-K-BOVIN.pdf
01-L-SMITH.pdf
02-R-MIZER.pdf
09-JC-PATTON.pdf
11-Dalton 10 2019.pdf
92-ANTHONY-JOHN.pdf
92-DANNY-DEJESUS.pdf
93-w-powell.pdf
95-C-BUSTAMANTEZ.pdf
95-C-PRIDGEN.pdf
95-D-CANYON.pdf
95-FORCE-MARKETING final.pdf
95-R-CUTTS.pdf
95-S-EISON.pdf
95-S-EISON2.pdf
99-AARON-BRYANY.pdf
99-Brite-Star.pdf
99-Brite-Star2.pdf
99-D-BROWN.pdf
99-DALTON-BLUETOOTH INNOVATIONS.pdf
99-DALTON-WANTED POSTCARD MAILERS.pdf
99-G-MARTIN.pdf
99-J-HURLEY-2.pdf
99-J-OWENS.pdf
99-JCPatton (2).pdf
99-JCPatton.pdf
99-JJ-GARNER.pdf
99-P.L. CARTER-MAKE MONEY MAGAZINE.pdf
99-Slaton-Eison.pdf
99-WANT_TO_PURCHASE_MINERALS_AND_OTHER_OIL_&_GAS_INTERESTS.pdf
99-a-atkinson.pdf
99-d-balderstone.pdf
99-m-derrick.pdf
IMDA-MEMBER-LIST-99-LABEL-READY.pdf
Your-2020-ADSHEET-DIRECTORY.pdf
mail order report.pdf

 

WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201


Current Issue of 05/28/2022

200 MONEY MAKERS.
EASY WORK AT HOME!

200 Excellent Money Making easy work at home opportunities for women! 20 page booklet. Send $8 money order to:
Universal Market Source,
P.O. 11608,
Merrillville, IN. 46411

231


91 MILLION PEOPLE WILL SEE YOUR AD!!!!

Your 75 Words WILL be e-mailed
to 65 MILLION PEOPLE;
Texted to 26 MILLION
Smartphones
http://bit.do/91MILLSADSENT

185



216


GET IT FREE!

This Sales Funnel Got 500 Signups in Under 3 Hours!
https:tcpros.co/vEUfn

196


FREE UNLIMITED PHONE CALLING SERVICES!

No Monthly Phone Bills, No Annoying Contracts. Must Have WiFi Connection. Send Cash Or Money Order Of $10.00, Plus A Self-Addressed, Stamped Envelope To: Joseph Jacob Garner, 1349 W. 135th. ST.Sp #10, Gardena, CA 90247
90


STOP YOUR MONEY WORRIES


189



210


TAX-FREE MONEY

This sounds appealing. Work is
required on your part,
but isn't it worth it?
Application and Details come with $1.00 and LSASE:
TX
1660 BROWN ROAD
APT.G
COLUMBUS,OHIO 43223

174


THE $500.00 A DAY PLAN


129



186



222


START 2016 THE RIGHT WAY

With A Great Business
Selling Children's Clothing.
You Set The Hours.
Great Business For Women,
Couples And Friends.
Go To:
www.MagicKidsUSA.com
Type In Discount Code
MK 01-0888
Make 2016 Your Year * Good Luck Harry

9




158


WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201

0


ADVERTISE
TO
INTERNET MILLIONS

Only $19.95 for
54 Words or Less.
Expect Amazing Results.
DIRECTORY
POB 661
DALLAS, GA 30132
www.DomainWealthSites.com/9032.html


54


EASY WAY TO BIG EBAY PROFITS!


35


THE MAILBOX MAGIC !

Receive AD with YOU in #1.
Every person who joins from YOUR AD will get their own AD with YOUR name in #2 & #4.
You never Drop-Out.
Start by Mailing $10 to Each Member.
1. Gertha Joseph, 150 NE 173 St.
N. Miami Beach, FL 33162
2. Gerard Jeanty, 12035 NE 2nd.
Ave.#315, N.Miami, FL 33161
3. Akiko Frazier, 98-838B Kaonohi
St. Alea, HI 96701
4.Gerard Jeanty, 12035 NE 2nd.
Ave.#315, N.Miami, FL 33161

74


The Opportunity to own more books than many Small Town Libraries!

40,000 + eBooks!
http://mailbiz.com/mailbiz /mailorder/1pdf/Bozi1.pdf

47


WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201

115


$25,000 UNSECURED,

Bad Credit Personal Loan* Since 1998,
Guaranteed Approval
Call Us Now 855-484-0500

182


GUARANTEED DISCOUNT PRICES!
Go online website
www.bettyskidswear.com
Enter code DSO6854

for Free gift with 1st purchase. Top brand-names like Gap Kids, Reebok, Addidas, Oshkosh!
Don't put it off!

147


EARN $1,000 A DAY!

NEW and
RESPONSIVE PROGRAM.
Low Cost!
INNOVATIVE, GREATEST INCOME EVER.
Reply today.
Send Two Dollars for
Info, shipping and handling to:
R. LOGAN
P.O. BOX 311096
JAMAICA, NY 11431

52


HELP WANTED: HOMEWORKERS WITH RECIPES

Favorite Dishes, Home Remedies, Health,
Biz Plans, Etc.
For New Book Info.
Includes O's Outreach Adsheet With Big Mail Offer.
Send $2.00/SASE To:
OCS
POB 1835
NY, NY 10159

3


WANTED!
CLOSEOUT-FINDERS.

Work In Your Spare Time From Home.
Earn $1,000+ Weekly.
NO Selling.
Free Report: Call 1-800-943-7203
Or
Visit Our Website At:
www.easyprofits123.com
Ref. Code 56035

23




    


images_article



images_horiz_220x90



images_horiz_468x60



images_horiz_728x90



ad_images_mini



images_square

images_vert


Income Opportunities Magazine

Income Opportunities Magazine - COPYRIGHT - ALL RIGHTS RESERVED