When shopping for a mortgage, you may notice the terms "APR" and "interest rate." By law, it is a requirement for lenders to advertise both the interest rate offered as well as the APR. Since the … [Read more...]
6 Tips To Get The Lowest Mortgage Rate
Getting the lowest mortgage rate is extremely important for homebuyers. Low mortgage rates save homebuyers and homeowners money on their monthly mortgage payments and help them afford the home that … [Read more...]
8 Reasons for Differences in Interest Rate Quotes
One of the most misunderstood issues in obtaining a mortgage is why interest rates vary from one person to another or from one lender to another. I am often asked, "Why did my neighbor get a better … [Read more...]
3 Tips to Securing a Better Mortgage Rate
The best way to ensure you get a reasonable rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing … [Read more...]
2020 Home Mortgage Interest Rate Forecast
Last year, many experts in the housing sector predicted that 2019 would see higher home mortgage interest rates. However, the industry saw rates drop significantly, especially in the second half of … [Read more...]
Homes Are “Cheap” With Mortgage Rates Historically Low
Home sales have been rising in recent months, and a big reason for the increase is low mortgage rates. All regions around the country have seen a rise in the number of sales, according to … [Read more...]
How Do You “Buy” a Better Mortgage Interest Rate?
Purchasing a home will be one of the most significant financial decisions most will ever make. Therefore, shopping for the best mortgage rate and ways to reduce the monthly mortgage payment and … [Read more...]
