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The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
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Resources: Tampa Bay, Tampa and Clearwater Florida home buying, real estate listings, and homes for sale in Hillsborough County, FL
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Special Offers: Special offers for Tampa Bay, Tampa and Clearwater homeowners from The Green Real Estate Team, top Realtors
Affiliates: The Green Real Estate Team's real estate web site affiliates
eNewsletter: The Green Real Estate Team's Tampa Bay, Tampa and Clearwater newsletter email will send you the latest real estate information
Today's Real Estate News: Daily real estate news for this neighborhood, Florida, and United States
Market Conditions Report: Market conditions report for this area, Florida, and United States
Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
Determine Tax Savings: Calculate how much your monthly Tampa Bay, Tampa and Clearwater Florida mortgage payments save you on your taxes because of loan interest
Should You Rent or Buy?: Is it better to rent a home in Florida or buy your own Tampa Bay, Tampa and Clearwater house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages: Adjustable rate Tampa Bay, Tampa and Clearwater mortgages information and interest rate java calculator
What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Florida real estate
Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
Ask Anything: Ask The Green Real Estate Team anything real estate
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
Real Estate Tips: The Green Real Estate Team's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
Real Estate Trivia: The Green Real Estate Team's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Tampa Bay, Tampa and Clearwater property in Florida, including legal terms definitions, and more

 

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Real Estate Tips
Interest Rates >Locking in Loan Rates

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.

While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.

The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.

Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.

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Real Estate Trivia
Q 
From 1974 to 1996, what was the world's tallest habitable building?

A 
The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.
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The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Green & Associates
Keller Williams Realty

3502 Henderson Blvd
Tampa, FL 33609
Cell: 813-295-2000
Fax: 813-830-7450
GreenRealEstateTeam@TopProducer.com

Michael Green, P.A., Tampa Bay's #1 Luxury Sales Specialist for 2003, 2004, 2005, 2006, 2007 and 2008 leads Michael Green & Associates, the #1 Keller Williams Sales Team in Florida, in marketing and selling waterfront, fine and luxury homes, estates and investment properties throughout Greater Tampa Bay Florida. Mike's team has provided outstanding service to their many clients through passion for their work, integrity, diligence, superior marketing and extensive market knowledge. Upon attaining a B.S. Degree in Biology/Chemistry/Mathematics from the University of South Alabama, Mike then completed a distiguished career as a Special Agent of the F.B.I. and subsequently co-owned a multi-office real estate firm, where he directed Fine Homes & Estates and Relocation Divisions. Mike and his associates would love to work with you and make your real estate experience a pleasant, effortless success. You can place your trust and confidence in one of the nation's top real estate professionals.

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 Keller Williams Realtyreal estate and homes for sale in Tampa Bay, Tampa and Clearwater Florida

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