What Is Mortgage Escrow? [Q&A]
If you’re using a mortgage to buy a home, your lender will most likely require what’s called an escrow account.…Read More »
What Is The APROn A Mortgage? How Does It Work?
When you’re buying a home, sometimes the mortgage lender and the real estate agent seem to speak different languages. When…Read More »
Who Pays Closing Costs? [Q&A]
In a real estate transaction, people naturally focus on the immediate upfront costs: the home’s purchase price and down payment…Read More »
What Are Closing Costs? How Much Are They?
Closing costs are what you pay when you close a real estate transaction, whether you’re refinancing your mortgage or buying…Read More »
What Are Mortgage Points? How Do They Work?
Buying a home is the most expensive purchase most of us will make in our lives, so of course anything…Read More »
Buy A Cheaper House Or Build A Cheaper House?
Building a house instead of buying it allows you to customize it to suit your needs, among other benefits. However,…Read More »
Cash-out Refinancing: How It Works?
Paying off your mortgage helps build home equity (one of the reasons mortgages are considered “good” debt). But you don’t…Read More »
Mortgages Backed By Government Programs – You Should Know
A new home can be the biggest purchase of your life. Before you start looking for the right home, you…Read More »
How To Get The Best Mortgage Rate? [Q&A]
With interest rates at staggeringly high levels (and no sign of falling significantly anytime soon), it seems impossible to get…Read More »