AAA Blog

Low Rates are Back

I thought for sure we had seen the end of super low rates.  However, I am again surprised by the move of the Federal Reserve.  Rates in the 5's are common and I have seen the reemergence of the 4's.  I didn't think it would happen again in my lifetime.  Short of World War 3, I thought we would have to get used to rates in the 7's.  Well, the banks created financial armageddon and here we are. 

Don't Be Fooled

Guess what?  The wonderful people that brought on the mortgage collapse are the ones leading the charge to resurrect the market.  I hear them on the radio all day long.  You need a fixed rate, I can save you hundreds of dollars.  These are the same people who promoted the adjustable rate craze that brought on the predicament we are in today.  Don't buy into it.  You need a firm that you can trust.  AAA Mortgage has long been a proponent of fixed rate mortgages.  We have never done a negative amortization loan.  We steered clear of 125% Mortgages.  Even when the market offered excellent financial incentive to promote these products, we knew that this was not in the best interest of our clients.  We are looking out for you. 

Navigating the Market

It is not easy to navigate the market these days.  Companies are coming and going.  Guidelines are getting tougher and the consumer is losing.  We will help you through the process with honesty and integrity.  Don't fall back into the loan trap.  Call AAA today! (816) 272-5550