Mike Lubbers

NMLS # 305004

801-272-0600

mike@advancedfunding.com

Mike Lubbers Mortgage Loan Advisor

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Using Your Home Equity to Consolidate Debt

Using Your Home Equity to Consolidate Debt

When interest rates increase borrowing money becomes more expensive for all sorts of things, including homes. Although this makes it more expensive to buy big-ticket items, it’s not all bad. As interest rates rise, the interest rates on the money th

Dec 20, 2018 | Refinancing a Home Home Equity Loans Reverse Mortgage

Happy Holidays from Advanced Funding

Happy Holidays from Advanced Funding

All of us at Advanced Funding Home Mortgage Loans would like to wish you a Merry Christmas and a Happy New Year! We would like to thank you for making 2018 a great year and for the privilege of helping you purchase or refinance your home. We hope that 20

Dec 19, 2018 |

Existing Home Sales Increase in December

Existing Home Sales Increase in December

The National Association of REALTORS® (NAR) reports that Existing Home sales in November rose 1.9 percent from October to an annual rate of 5.32 million units versus the 5.20 million expected. Gains were seen in the Northeast, Midwest and South w

Dec 19, 2018 | Mortgage News

Mortgage Rates Fall to 3-Month Low

Mortgage Rates Fall to 3-Month Low

Interest rates on long-term U.S. mortgage loans fell to their lowest level in three months last week, according to data from Freddie Mac. During the week ended December 13, the average rate on a 30-year fixed-rate mortgage dropped to 4.63% with an average

Dec 18, 2018 | Mortgage News

FHA Increases 2019 Loan Limits in Utah

FHA Increases 2019 Loan Limits in Utah

The Federal Housing Administration announced that nearly every area of the U.S. will see 2019 FHA loan limits increase, including counties throughout Utah. The new loan limits will take effect for FHA case numbers assigned on or after Jan

Dec 16, 2018 | Mortgage News

"It's a Tug of War, We Expected More"... Tug of War, Paul McCartney

Home loan rates bounced around this week, due to volatility in the U.S. Bond market, but went into the weekend still near three-month lows. There are push/pull items that continue to limit how low and high rates can go. Here is what home shoppers should

Dec 14, 2018 | Mortgage News

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