What Factors into an Interest Rate

Interest rates have seen significant shifts over the years, impacting financial landscapes. Ever wondered what influences these rates and what factors lenders take into account when deciding the rate you're eligible for? Join us to explore the dynamics of interest rates and uncover the key elements that shape the rate you qualify for.

Topics of discussion may include, but are not limited to:
• The role of the Federal Reserve
• The health of the economy and inflation
• Creditworthiness, LTV and Debt-to-Income (DTI)
• Programs and loan terms

Michigan First Mortgage is a division of Michigan First Credit Union. Equal Housing Lender. Company NMLS# 4943687