Tag Archives: Mortgage loan

The Comeback of the Adjustable Rate Mortgage

Adjustable-rate mortgages, also known as ARMs or variable-rate loans, have been out of favor with many people in recent years because of the low interest-rate environment and the perception that rising payments on ARMs contributed to foreclosures during the recent … Continue reading

Posted in General | Tagged , , , , , , , , , | Leave a comment

Home Buying 101

With a generally improved employment picture and continuing low mortgage interest rates, more Wisconsinites are considering buying a home this year.  Whether you have your eye on a starter home or a new construction, planning ahead can help ensure you’re … Continue reading

Posted in General | Tagged , , , , , , , | Leave a comment

Online Mortgage Center is Open for Business!

Have you been putting off refinancing your home loan because the bank is not open at 9 p.m. when you finally have a few minutes to yourself?  If so, you are in luck!  Union State Bank is now open 24 … Continue reading

Posted in General | Tagged , , , , , , , , , , , | Leave a comment

Your Mortgage: Tips for Finding, Managing a Home Loan

With interest rates at historic lows, now may be the time to purchase a home or refinance an existing mortgage.  The information below is provided by the FDIC Consumer News.  Union State Bank works with borrowers to be sure they … Continue reading

Posted in General | Tagged , , , , , | 1 Comment

Mortgage Rates Hit Historic Lows

Every Thursday Freddie Mac releases the national average for 30-year and 15-year mortgage rates.  This year has been filled with historically low rates.  In this weeks release, the average rate on a 30-year fixed rate mortgage was 3.75%!  Last year … Continue reading

Posted in General | Tagged , , , , , | Leave a comment