Ep. #42 Ask An Expert: Interest Rates Explained

Written by Tim Hart | Feb 7, 2019 9:33:00 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.

 

You can catch the full interview here as well...

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