American Mortgage Finance

NOTICE: Fed rate cut & its effect on mortgage rates A rate cut can prove beneficial with home financing, but the impact depends on what type of mortgage the consumer has, whether fixed or adjustable and which rate the mortgage is linked to. For fixed-rate mortgages, a rate cut will have no impact on the amount of the monthly payment. Low rates can be good for potential homeowners, but fixed-rate mortgages do not move directly with the Fed's rate changes. A Fed rate cut chang...es the short-term lending rate, but most fixed-rate mortgages are based on long-term rates, which do not fluctuate as much as short-term rates. Generally speaking, when the Fed issues a rate cut, adjustable-rate mortgage (ARM) payments will decrease. The amount by which a mortgage payment changes will depend on the rate the mortgage uses when it resets. Many ARMs are linked to short-term Treasury yields, which tend to move with the Fed or the London Interbank Offered Rate (LIBOR), which does not always move with the Fed. Many home-equity loans and home-equity lines of credit (HELOCs) are also linked to prime or LIBOR.

Give us a call to get an accurate depiction of what you really qualify for. We can provide a pre-approval in about an hour. Also, Interest rates are low right now, so give us a call to find out if refinancing is beneficial for you. Call us at 412-931-1999

Pet Friends and All But Furgotten would like to thank all of our sponsors and donors for our 2nd Annual Golf Fore Pawz Watson Chevrolet Las Velas Mexican Rest...aurant Jason Marciniec Carl’s Golfland Nextier bank Shorebridge Wealth Management- Win Smathers Lauraland Company Team Shelby Toth Carpet Amy and Kara Tiani Botkin Family Wealth Management Edgar Snyder and Associates Elizabeth-Hata International In Loving Memory of Jim Kearns Irwin Business and Professional Association James F Kutch Funeral and Crematory Larry J Lint Flooring and Wallcovering Luann Y. Fraicola -A House Sold Name-Howard Hanna Gombach Towing The Mark Ratti Team -Remax Capital Healthcare Solution Jacktown Ride and Hunt Club Pecora Flooring Rich Creo - Remax Sinko Zimmerman LLC Wilson Baum Agency Patti’s Family Pet Inn C & K Insurance Agency J A Rutter Company Power of Bowser The Center for Sight Thermo King of Pittsburgh ABF Alumni Gracie Rome Monuments East Surburban Sports Medical Center - ESSMC S & D Window Cleaning Hadad Motor Sales Choice Auto Murrysville INCO Beverage Green Valley Beer Lamatia Beer Distributor AND thank you to all the donors who donated items for our auction baskets and prizes.

Come to Moon Twp. Park today...Wheels, Wings &Wishes car cruise starts right now! 11A - 6P Come & support the cause!