Virtual Mortgage Seminar: What Factors into an Interest Rate?

Thursday, October 20, 2022 12:00 PM - 12:30 PM
Online Event

 

Interest rates over the last year have changed dramatically. But what affects interest rates and what do lenders consider when determining the rate you qualify for? Learn the basics of interest rates during the next seminar in our Virtual Mortgage series.

Hosted by Michigan First Mortgage's own Chief Mortgage Lending Officer Dan Sugg, this half-hour seminar will also feature industry experts.

Topics of discussion may include, but are not limited to:

  • The role of the Federal Reserve
  • The health of the economy and inflation
  • Creditworthiness, LTV and Debt-to-Income (DTI)
  • Programs and loan terms