American First Rate Mortgage is committed to providing consumers with the best financial solutions when it comes to securing a home loan. Says founder Mr Chen, “We have an established and successful record when it comes to meeting each client’s specific needs, whether they are a first time home buyer or seasoned real estate professional.”

“We pride ourselves in our successful ability to secure low mortgage rates for our clients.” Mr Chen explains further: “We work closely with each client to identify the loan program that best suits his/her individual needs, even in those cases usually ignored by traditional mortgage lenders. With many financial experts expecting the federal reserve to raise interest rates after June 2015, now is a great time to apply and lock in our low mortgage rates that can save you $200 to $300 dollars per month. ”

What has emerged from the recently held meeting of the Federal Reserve, headed by chairwoman Janet L Yellen, is that while June is probably too soon to raise the interest rate, the Federal Reserve is not planning to wait much longer.

“Long term interest rates are at very low levels. We could see a sharp jump in long-term rates after lift-off,” commented Yellen.

What many consumers are not aware of is that the interest rate set by the Federal Reserve determines the interest rate at which banks and other lenders can borrow capital at; tis in turn determines the rate at which they can loan money to the consumer. In addition the Federal Housing Finance Association will be instituting its own changes that will also negatively affect the rates for loans, particularly cash out loans and investment property loans, taken after September 1 of this year. If consumers are considering taking out a home loan, it is advisable to act sooner rather than later.

American First Rate Mortgage pledges to find the best home loan for each client at the best possible rate and to educate each client about smart borrowing practices.