How would you like to pay a different price for two cheese enchiladas at your favorite local Mexican restaurant, depending on the table you sat at, or how much you weighed, or what kind of credit card you were going to pay with? Yes, some of that exists, but the vast...
When rates go up, bond prices go down, and vice versa. People who own bonds may not care if the price is going down since they don’t have to sell them , but many institutions do, including banks who own them. And in this environment, where people are second-guessing...
Sovereign Lending Group’s clients should know that the economy in the United States is driven by housing and by jobs, and we saw the employment data last week that turned heads. And bond market investors were left wondering what impact this data will have on the...
A VA loan is a type of mortgage loan available to veterans, service members, and eligible surviving spouses. It is a government-backed loan that is issued by private lenders but is guaranteed by the Department of Veterans Affairs (VA). The VA loan program was created...
Sovereign Lending Group prides ourselves on our service, reputation, and product line up. But that doesn’t mean, of course, that we don’t keep our eye on offering competitive pricing, mortgage rates, and the economy in general. Overall mortgage rates were down last...
