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Accurate Mortgage

A PENCIL Is Needed for Accurate Mortgage Quotes & Pre Approvals To get accurate and precise mortgage interest rate quote or a proper mortgage preapproval or prequalification you need a ...

Appraisal Management Company Accurate Group Expands Sales Team

Mortgage and settlement services industry veteran Matthew Lichtner has joined Accurate Group , a provider of real estate appraisal, title and compliance services, as senior vice president and national account manager.

In addition, Richard L. Heltzel III will move from his current position as director of ValueNet, a division of Accurate, to join the company’s sales team as vice president and national account manager.

Lichtner has close to 30 years of experience, having served in a number of senior-level sales positions within the title insurance and information industry. He has extensive knowledge in property data products and services, technology platforms, and business process outsourcing across all segments of the mortgage industry.

In a release, Scott Vilseck, national sales manager for Accurate, explains that Lichtner’s new role is to “drive new title and valuation sales, including our industry-leading ValueNet suite of products, using his unique relationships within the banking and real estate finance industries.

Current Mortgage Rates for Wednesday, May 17, 2017

That’s the lowest it’s been in four weeks. Mortgage rates tend to move in step with the 10-year yield, so rates are also moving lower today. Given that it’s such a light week for economic data, there was always the potential for external events to influence the markets, but no one could have guessed that a situation of this magnitude would occur.

It’s very difficult to say where we go from here. Mortgage rates are no doubt moving back down toward 2017 lows. How long they stay down there is anyone’s guess right now. If the political crisis for Trump continues to intensify, it’s entirely possible that rates tumble down even further.

June Rate Hike

It’s no surprise that the CME Group’s fed fund futures are showing a little less optimism today about a June rate hike. Just last week they had the chance of a quarter point increase next month at 87.7%. Right now they’re giving it a 69.2% chance.

The general sentiment has been that barring any chaotic events, a rate hike will happen. Again, depending on how the current situation unfolds with Trump, it could influence what the Fed decides to do in four weeks.

How accurate are those mortgage calculators when it comes to how much your monthly payment will be?

I'm looking to buy a house and the realty agency that I am looking at has a mortgage calculator on their website. Here are the numbers.

Those are accurate numbers for financing 95,000 for 30 years at 5%. The calculators are only as accurate as the numbers you feed them. A lot of them don't include things like PMI, homeowners insurance and other items that you will have to put in escrow.