The Mortgage Statement

Rates are still at the same low level as they were last week, so they are standing firm at their historic-low records. 

If you are considering a refinance, it is important to first calculate how much money a refinance would cost you and how much the refi could save you. Here is a great article from GoBankingRates.com that guide you through the calculating process. And feel free to use our easy Arkansas Mortgage Calculators to help with the math. 

Bank of Little Rock Mortgage is also rolling out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We call it The Mortgage Statement.  

Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy way for you to get prequalified for a mortgage online.

If you have any questions, comments or concerns, we would love to hear from you. Just contact our Arkansas Mortgage Lenders and let us know what you need. 

Happy Monday,

Scott McElmurry

President & CEO of Bank of Little Rock Mortgage

NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our Today's Rates page.  

It's the first week of December and our low mortgage rates are still looking strong. While the national average for rates rose slightly in the last week, our rates remain unchanged. Let's hope they stay that way for a good bit longer. 

If you are getting ready to refinance, make sure to read this article from Yahoo! Homes. It covers the five basic blunders anyone is liable to make when going through the refi process. We always encourage our applicants to research as much as they can before making decisions with their money. After all, knowledge is power when it comes to your finances. To help you research, we have a whole Free Resources library to help get you started. And of course, feel free to contact any of our Arkansas mortgage lenders if you have any questions.  

Bank of Little Rock Mortgage is also rolling out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We call itThe Mortgage Statement.  

Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy online prequalification process you can access below. 

If you have any questions, comments or concerns, we would love to hear from you. Just contact us and let us know what you need. For more information on Arkansas mortgage rates and Arkansas mortgage lenders, check out our website. 

Happy Monday,

Scott McElmurry

President & CEO of Bank of Little Rock Mortgage

NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our Today's Rates page.