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Why Do Mortgage Rates Go Up and Down?

Why Do Mortgage Rates Go Up and Down?

Mortgage interest rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate. What causes

Jan 30, 2019 | Interest Rates

Should I Pay Mortgage Points?

Should I Pay Mortgage Points?

If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho

Jul 18, 2018 | Purchasing a Home Interest Rates

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Potomac Mortgage Advisors LLC

46169 Westlake Drive, Suite 100
potomac falls, VA 20165 Suite 100
703-406-8200
NMLS: 1624704

PMA | NMLS 1624704

Licensed in:  Washington D.C., Florida, Maryland, Virginia, West Virginia

DC/DISBB – License MLB1624704, FL/DRR – License MBR4097, MD/DLLR – License 22873, VA/SCC – License MC-6771, WV/DFI – License MB-1624704

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