Providing home loan mortgage financing in Lake, Geauga, Mahoning, Columbiana, Erie, Sandusky, Seneca, Wyandot, Putnam, Hancock, Ottowa, Fulton, Williams, Henry, Defiance, and many more Ohio counties.
Providing financing in Lucas, Cuyahoga, Lorain, Medina, Wood, Summit, Montgomery, Licking, Deleware, Warren, Hamilton, Butler, Franklin, Fairfield, Stark, Wayne, Knox and many other Ohio counties.
Providing home mortgages in Findlay, North Ridgeville, Highland Hills, Beachwood, Moreland Hills, Ashtabula, Rock Creek, Delaware, Franklin, Brunswick, Geauga, Grafton, Lorain, Green, Bath, Sandusky, Port Clinton, Huron and many other Ohio communities.
Providing mortgage financing in Cleveland, Cincinnati, Toledo, Bowling Green, Columbus, Akron, Canton, Avon, Strongsville, Avon Lake, Solon, Dayton, Medina, Wooster, Youngstown, Alliance, Mentor, Elyria and many other Ohio cities.


Are interest rates going to increase? 

This is a very difficult question to answer because to be quite honest no one can ever know for sure what is going to happen and what interest rates are going to do. However, many experts can predict what they think they are going to do with a fairly good deal of accuracy most of the time. Interest rate have began to climb over the past year or two and they are expected to continue this upward trend for the near future.

Predicting whether interest rates are going to increase in this market can be extremely tough. Even the top analysts are having a tough time predicting whether interest rate are going to increase, decrease or stay the same. Right now during August and September of 2007 the interest rate market is still very volatile and unpredictable as to whether rates will increase or decrease.

No one can accurately predict how interest rates will fluctuate. However, fixed rates are still near historic lows and if you are considering refinancing out of an adjustable rate mortgage now is a great time to act.

Mortgages are a financial commodity similar to stocks, bonds, and mutual funds. Typically mortgage backed securities determine mortgage rates. However, consumer price index, housing, employment are also factor in mortgage rates.

Mortgage interest rates are dependent on many factors, so some may predict in the short term what will happen. These will be dependent on unemployment reports, Gross National Product reports and other key financial indicators. The long term forecast are very difficult as some of these factors are dependent on possible unforeseen national and global events.

IF you follow the investors, they are current;y betting on lower rates as they are investing in the fixed long term portfolios as of Feb 2007. You can see this in the adjustable to fixed interest rates currently available.

Long term interest rates, such as those quoted on 15 and 30 year fixed rate mortgages, are currently very closely linked to the yield of the 10 year treasury note.

Although there are many things that affect interest rates, they typically move up and down in a cycle. A good mortgage planner will be able to explain this to you and give you an idea where interest rates will be. But no one can accurately predict interest rates with certainty.

Interest rates in Ohio are expected to rise in mid-summer. Contact your Mortgage Consultant at 888-418-4467 or immediately to get a free consultation on whether now would be a good time to refinance than later.


If you have any questions regarding our products, you can contact us by calling or e-mailing us and we'll get back to you as soon as possible. Thanks!



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