Current Mortgage Rates Explained by Earth Mortgage

With the current uncertain times,  current mortgage rate volatility is rising. Just look at any chart tracking 30 year fixed, 15 year fixed, 5-1 ARM and 1 year ARM, and you'll see that current mortgage rates are changing rapidly.

What causes current mortgage rates to change? Supply and demand are important factors. If the demand for loans goes up, so do interest rates.  When there are more buyers in the market, sellers can receive a better price, which translates into higher rates. If the demand for credit goes down, then so do interest rates.

Inflation is another big reason for current mortgage rates to change. Higher inflation causes the Fed to increase interest to slow down the economy and, therefore, slow down inflation. If banks pay higher interest on the money borrow, then they will make their current mortgage rates higher to compensate.

The good news in all of this is that, as a consumer, you don't need to understand the mysterious behind-the-scenes workings of interest rates. At Earth Mortgage, we are a direct lender, which means you are assured of getting low current mortgage rates.

But don't take our word. Here's a an excerpt from a letter we received from a couple in Columbus, GA:

"We just wanted to express our gratitude and tell you how much you have impacted our lives. Here are some pictures of us and the house that you helped us buy. After serving my country overseas the last eleven years all I wanted was to return to the good old USA. My new bride and I wanted to live the dream of having a family and buying our first home. After searching high and low and enduring many disappointments, we decided to try the internet. That's how we found Earth Mortgage. We appreciate how you explained and advised us in simple terms. Thank you very much for all you've done for us.

Sincerely,
C & J Martinez"

Earth Mortgage currently offers low current mortgage rates on a complete line of mortgage products including sub-prime, conventional, FHA, VA, stated income, no income no asset and second mortgage products.

At Earth Mortgage, you can always count on the most knowledgeable staff to answer your questions, accurately and quickly, and to offer the very best opportunities for savings whether refinancing or financing a new mortgage.

At Earth Mortgage, you get accurate information, access to the best current mortgage rates in the nation, and receive the most comprehensive customer satisfaction guarantees in the industry today, without ever having to leave the comfort of your home or office.

Check out our competition and you will see that Earth Mortgage has the lowest cost, best access to current mortgage rates and most efficient loan process on the web!

24-Hour Toll Free Number:
1-877-EARTH-50