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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

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No-load mortgage rates

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email asktony@tonynovak.com.

Q: How do I see rates for mortgages without any points and what is required to apply?

A: See http://www.thornburgmortgage.com/HomeLoans/TodaysRates.aspx to see the listing of both the regular loans with “points” and the true “no-load” rates from Thornburg Mortgage. It is possible to apply directly online by yourself, but it helps to have financial statements prepared by an accountant, especially if this is a securities-backed loan. This service is available through OnlineAdviser and the cost of this service may be reimbursed by the lender.

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