The mortgage industry has been offering incredibly low rate loans with low or no fees. Recent weeks have seen some mortgage lenders promoting their new 1.99% fixed rate loans, but it’s important to understand the fees involved in these loans. They might be a very good choice for some borrowers but are also a very wrong choice for many.

Want to learn more about the impacts of these low rate offer?  Here are two reputable sources with great details:

UWM 1.99% 30-year mortgage rate comes with a catch

Mortgage Rates Are Not 1.99%. In Fact They’re Back Over 3%

Have you been considering purchasing a home? Whether you buy now or decide to wait, when you need to have documents notarized, contact Notary Near You. 

Notary Near You is a prompt, precise, and professional network of mobile notaries that saves time by traveling to you, where ever you might be!Contact us at 877-395-2650 Toll Free OR email us at [email protected]