Mortgage Rates and Fed Funds Rate | Plus What You Need to Get Started on Loan Qualification

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How do the mortgage rates and the fed funds rate correlate? In this video, Team Three 23 Agent Jacki Tait interviews Loan Officer Karen Flores with Cross Country Mortgage. Karen talks about how the mortgage rates and the fed funds rate correlate.

Karen also gives a brief overview on what you need to get started on your loan qualification if you’re looking to purchase a house. The first step is to see how much you qualify for and what your monthly payments would be. Karen talks you through the beginning of that process.

To contact Karen Flores with Cross Country Mortgage, call her at 928-699-4525. (NMLS# 1113120).

To listen to the Experience Flagstaff Podcast, visit www.ExperienceFlagstaff.com

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If you’re looking for more information on the Flagstaff Real Estate market, or you are looking to buy or sell your home in Flagstaff, contact us at Team Three 23 with Realty ONE Group Mountain Desert at 928-714-7244.

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