Tag Archive: Mortgage Terms

How is APR Different from the Mortgage Interest Rate?

January 26, 2022 12:00 am

When shopping for a mortgage, it’s easy to become overwhelmed by the many numbers involved in the transaction. Two numbers... View Article

November 30, 2021 12:00 am

When considering a home purchase, your mortgage planner will take the time to review your goals and financial situation and... View Article

November 15, 2021 1:30 pm

During a home purchase transaction, a mortgage lender will request a home appraisal to ensure that the amount being lent... View Article

May 18, 2021 12:00 am

Purchasing a home will likely be the largest financial debt you will incur in your lifetime. While borrowing a large... View Article

March 17, 2021 12:00 am

Finding the right mortgage planner is no different than hiring a lawyer or an accountant. It can be easier, though,... View Article

March 8, 2021 10:50 am

A loan to value ratio, or LTV, is the relative difference, expressed as a percentage, between the current value of... View Article

February 24, 2021 12:00 am

Mortgage rates are low nationwide, but the markets are fluctuating. Now may be the right time to refinance your home... View Article

December 3, 2020 11:44 am

When a buyer enters into a contract on a home purchase, the seller usually takes the home off the market... View Article

June 6, 2020 9:16 am

Closing costs are fees paid as part of a real estate transaction. Because a home purchase is a contract between... View Article

June 1, 2020 12:00 am

Mortgage interest rate is the rate of interest charged on a home mortgage loan. In most cases, mortgage rates are based... View Article