The stock market has been very volatile for over six months and mortgage backed securities (mortgage interest rates) are just as volatile. Interest rates can swing as much as a half a percent in a given day. This is very different than what consumers came to expect in years past. Lenders quote rates by the hour now, as rates can move before the end of the day. If you like your rate quote today, it could very likely be gone tomorrow.
Phaedra Wilson
Senior Loan Officer
6340 N. Campbell Avenue Suite 140
Tucson, AZ 85718
Direct: (520) 547-4148
Fax: (520) 547-4141
Cell: (520) 977-7247
Toll Free: 888-634-6399 xt. 224
Tony Ray Baker
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Tony Ray
(520) 631-TONY (8669)
www.SeeTucsonHomes.com
Thinking of Buying a Home in Tucson?
Call or Email me for Your Free Relocation Package.
Tony Ray Baker, Realtor®: TonyRay@GayTucson.com
Licensed Real Estate agent in Tucson Arizona with RE/MAX Select
