What’s the difference between interest rate and APR?
May 19, 2021
What’s the difference between interest rate and APR? The interest rate is the amount a lender charges you for a loan, expressed as a percentage of the total loan amount. […]
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No-Closing-Cost Refinance: The Complete Guide
May 19, 2021
A no closing cost refinance allows you to refinance a mortgage without paying closing costs at the time of closing.
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What is a USDA Loan?
April 27, 2021
Since 1991, the U.S. Department of Agriculture (USDA) has been offering rural development loans to encourage people to buy homes out in the country or in suburban areas of big […]
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What percentage of income should go to mortgage?
March 10, 2021
What percentage of your monthly income should go to mortgage? A general rule of thumb for homebuyers is your home loan should eat up no more than 28% of your […]
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How Long Does a Refinance Take?
March 9, 2021
Refinances typically require 30-45 days from start to finish.
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Rent vs Buy: Which is better?
March 9, 2021
That’s a question without a simple answer; it depends on the specifics of your lifestyle and finances.
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What is the VA Funding Fee?
March 8, 2021
If you use a VA loan to buy or refinance, you will likely pay the VA Funding Fee. This one-time fee can be paid at closing or rolled into your monthly payments.
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First-Time Building Mistakes to Avoid
May 20, 2020
Building a new home is a dream for many people. Getting exactly what you want in your house is the end result — you hope. But challenges will face you […]
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FHA Loans · Mortgage Rates · Refinance
FHA Loans Getting Approved At High Clip
February 12, 2020
FHA loans closed at the highest clip in the past 18 months. Over 74.2 percent of FHA loans closed in the month of December, up from about 74 percent in […]
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Home Buying · Mortgage Rates · Understanding Mortgages
A 1% Rate Increase will Decrease Your Buying Power by 11%
January 24, 2020
How interest rates affect buying a home How do interest rates affect buying power when you’re searching for your next home? Will you have to settle for a less-nice house […]
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