Mortgage Myths Revealed

Myth: The Interest Rate Determines The True Cost Of The Mortgage The annual percentage rate (APR) is what is used to determine the true cost of the mortgage. The APR includes the interest rate, points, mortgage insurance, and all other fees. This figure will give you a better idea of the total cost over the ...

The 30 Year Fixed

A Strong Option in a Weak Economy If you have been weighing your options in the housing market you may want to make your decision to buy or refinance now while rates as well as home prices remain low. The 30-year fixed rate mortgage loan has long been the steady favorite of products offered to ...

What is Your Home Worth? The Truth About Appraisals

The first thing appraisers look at is the outside of the home. Curb appeal does matter, because the condition of the exterior of your house, including paint condition and the landscaping, directly reflects the interior of your home. A good looking lawn implies that the interior is taken care of as well. A common misconception ...

What FICO Score is used?

Planning Ahead for Home Ownership:

Establish good credit habits. Use credit cards responsibly. Create a spending budget and don’t exceed the limit. Keep up with your monthly payments, making sure to pay them on time. Start saving for a down payment. The larger the down payment you can put on a house the less interest you will have to pay ...

Our Partnership Spotlight: The Importance of Real Estate Lawyers

Purchasing a home may be the most significant and largest purchase you will make, and there are many intricate details that go into this purchase.  Buying a house involves the law of real property, which requires following and adhering to many important guidelines and circumstances you’ll have to take into consideration. A real estate lawyer ...

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