Ep. #42 Ask An Expert: Interest Rates Explained

by Tim Hart | Feb 7, 2019 4:33:00 PM

Mortgage interest rates can be very confusing.

They change every day and sometimes several times a day. So many factors are weighed when you a rate is being calculated. Credit scores, loan to value, property type, occupancy type and loan amount size or just a few of these items.

To learn more about interest rates, I went straight to the man himself, VanDyk Mortgage Secondary Manager Jon Barnes. Jon is in charge of controlling the interest rates for VanDyk Mortgage and gives a ton of insight into interest rates.

He is also a great guy and I am happy to call him my friend.

 

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Born and raised in Southwest Florida, I have been in the Mortgage business since 2001 I'm a grizzly, battle tested mortgage veteran. I am also the Host of Rates & Reels, which is the most popular fishing show in Southwest Florida, hosted by a guy named Tim. In my spare time I love spending time with my family, coaching baseball, and anything else my kids or wife want me to do. I would be happy to help you or someone you know with any of your Mortgage needs.

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