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Tag Archives:Nova Home Loans Yuma

Jan 5

What Causes 1-Year LIBOR to Change?

What Causes 1-Year LIBOR to Change?

The London Interbank Offered Rate (LIBOR) is the primary index used on adjustable rate mortgages in the United States.  It’s the interest rate that banks pay to borrow money in the London money markets.  LIBOR is published by the International Continental Exchange (ICE).  It’s calculated through a survey that the ICE Benchmark Association (IBA) sends to banks who trade and do business in the London money markets.  The US Dollar 1-month LIBOR is what a bank would pay to borrow US dollars for 1 month. The 6-month LIBOR

Sep 20

Yuma Real Estate Market Update September 2016

Yuma Real Estate Market Update September 2016

Across the nation, real estate headlines are all talking about lack of inventory.  In many markets around the US, there are simply not enough homes for sale to meet demand.  That creates a seller’s market, and leads to rising home prices.  How does that affect Yuma Arizona?  At first glance, the numbers look pretty promising for Yuma County.  In the first 8 months of the year, we sold 1,675 units.  That’s an average of 209 homes per month.  Based on the current inventory, there is a 6.45 month supply

Apr 5

Nova Home Loans Yuma AZ

Nova Home Loans Yuma AZ

NOVA® Home Loans  has been serving Yuma families since 1995.  As a private mortgage banker,  NOVA®  is committed to offering great products and low rates, all while delivering world class customer service. Daniel Jackson and The Jackson Team at NOVA® Home Loans are here to make your home purchase or refinance experience and easy and stress-free as possible. Get in touch with us! Contact us today at 928-726-7266 or email jacksonteam@novahomeloans.com.  Let us help you get the best deal on your mortgage financing in Yuma! Map to NOVA® Home Loans Yuma NOVA® Home Loans Yuma