The Illusive Interest Rate: Revealed
If you have ever purchased real estate, are considering purchasing and will be financing your purchase, then you probably have given a lot of thought and consideration to what your interest rate will be. In the industry it is referred to as “shopping your interest rate” or “rate shopping”.
Most people are confused about interest rates. How are they determined? What drives interest rates? How is your particular interest rate selected for you? Can you do anything to change what your interest rate will be (for the better, of course!)? Can the direction of interest rates be predicted? How can you get the best interest rate for your purchase?
Our guest speaker answers these questions and more during this broadcast.
Coffeebreak With Sabra!
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ABOUT JON GOLDBERG
Jon Goldberg, is a residential mortgage specialist with Sterling National Bank. Sterling National Bank lends on coops, condos,1-4 family houses for purchases and refinances. With rates at historic low interest rates are making home ownership easier than ever. Email: jgoldberg@snb.com Sterling Profile Since 1929, Sterling National Bank has successfully served the needs of businesses, professionals and individuals in the NY metropolitan area and beyond. Sterling is well-known for its high-touch, hands-on approach to customer service and a special focus on serving the business community. Sterling National Bank is the principal banking subsidiary of Sterling Bancorp (NYSE: STL), a New York City-based financial corporation with assets of $2.5 billion. Sterling provides clients with a full range of depository and cash management services and a broad portfolio of financing solutions – including working capital lines, accounts receivable and inventory financing, factoring, trade financing, payroll funding and processing, equipment leasing and financing, commercial and residential mortgages and mortgage warehouse lines of credit. |
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