RATE UPDATES
Even before the big announcement, mortgage rates have been at lows not seen since 2023. We’re here to help you take advantage of the savings. Get your custom rate today.
We get to know you first.
What you’re hoping to do, now and in the future, will guide next steps.
We’ll help you decide what makes sense for you - at the right rate and monthly payment.
You pay upfront to get a lower rate on your mortgage. The cost? One point is 1% of your loan amount. The savings? A point lowers your interest rate by 0.25%
A temporary buydown lowers your rate for a limited time. A good example is our exclusive Welcome Home RateBreak.
Eligible buyers can get credit toward their down payment or closing costs - both ways to lower your monthly payment. Explore our affordable loans.
Homeowners have historically high levels of home equity – and you can use it to get cash. Discover your options.
Life may look different compared to when you got your mortgage. Explore what a different mortgage could do for you.
Home equity has risen; rates have come down. If it’s time to move, we can help you buy, sell and save.
Higher credit scores typically get lower rates because they predict you’re more likely to pay back your mortgage.
Lower debt predicts you’re more likely to be able to pay your mortgage. So a lower DTI can mean a lower interest rate.
The Federal Reserve, inflation and the housing market all influence mortgage rates.
It’s a percentage you’re charged to borrow money, applied to your loan amount.
Annual percentage rate is interest rate with the fees to process your mortgage added on.
It means your interest rate stays the same for as long as you have the loan.
The Federal Reserve is the central bank of the U.S. It controls the interest rate banks charge to borrow money - including for mortgages.
Simply Approved Mortgages is committed to providing top-notch mortgage solutions and exceptional customer service. Learn more about our services and team.
Company State License# AZMB - 0944059 | NMLS# 1660690