2017 Mortgage Rate Outlook: The Trump Effect

Good morning everyone and thank you for joining us to discuss RBB Bancorp’s financial results for the first quarter ended march 31st, 2019. With me today from management. CD as customers wanted to.Get a no-closing-cost mortgage and a low rate, too No closing cost loans can help you reduce the amount it takes to buy a home, but they’re certainly not free loans. If you’re tempted to use a loan with no closing costs, you need to understand how they work, what the tradeoffs are, and when they make the most sense.1. Lower rates help you build equity faster. The obvious advantage of an adjustable-rate mortgage is that they carry lower interest rates during the fixed period of the loan. At the time of writing, the lowest rate advertised on a major mortgage site for a 5/1 ARM was about 3.2% compared to a rate of 3.9% for a 30-year fixed loan.