# Mortgage Rates
Mortgage Solutions
Made Simple

## Clear 2 CloseTeam

Ruthie Fong and her team are home loan specialists dedicated to matching customers with the mortgage that best meets their needs. We recognize that each borrower has their own unique financial background and goals. That’s why we provide a diverse portfolio of loan products for all types of home buyers and homeowners who want to refinance.

Whether you’re buying your first home or forever home, an investment property, are self-employed, or high net worth, we’ll find your home financing solution with the best rate.

Call Us To Apply

## Mortgage Payment Calculator

#### The monthly mortgage payment calculator estimates
your monthly payment in four categories:

Your Principal

Your Property Taxes

The Interest You all Pay

Your Homeowner
Insurance

#### Unlike other calculators, the Clear2Close Mortgage
Payment Calculator factors in your fees to give you
a more precise payment estimate.

Adjust values by moving the sliders

Home Value : $30,000
Down Payment : $6,000 - 20%
Interest Rate : (%) : 4.5%
Amortization Period : 20 Years
Start After : 1 Month
Annual Property Tax : 0.8%
Annual Hazard Insurance : 0%
Monthly HOA : 0%
MI : 0%

#### Monthly Breakdown (Show Total)

Principal & Interest | $152
Proper Tax | $20
MI: | $0
HOA: | $0
HI: | $0
Monthly Installment | $172

#### Monthly Breakdown (Show Total)

## Mortgage Payment Calculator

A mortgage rate is the interest you pay on your home loan. Your monthly mortgage payment includes the interest
owed on the loan, plus a portion of the remaining principal balance. A lower rate means lower monthly payments.
Even as little as a 1% difference in rates, can save you a significant amount of money.

### The economy

When the economy is strong, rates often go up. During a weak economy, rates go down. Lenders also analyze economic data to try to forecast potential economic growth and slow down, and set rates accordi

### World events

Economies become volatile during a crisis and other such events happening domestically and/or internationally. This impacts investor confidence and changes in interest rates.

### Federal Reserve activity
and inflation

To keep inflation in check, the Federal Reserve controls the amount of money flowing through the economy by raising and lowering interest rates, and inserting more cash when necessary by buying Treasury bonds.

### The rate you’ll be

offered on your mortgage depends on the factors above, as well as your financial situation. This includes your credit score, loan amount, terms, area of your home purchase, and how much money you put down.

### Refinancing

Wondering where your loan currently stands? Reach out to us at any time, and we’ll provide real-time updates, from application to closing. We promise that you’ll be kept in the lending loop at each point of the process.

### Previously Denied?

Even if you were previously denied a loan, didn't qualify, or weren't happy with the terms you were offered earlier, contact us today to put you back on track with a loan you'll like.

## Want to WorkWith Us?

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