Understanding a Rate Lock for Mortgage or Refinance
In many cases, you cannot close a mortgage loan without locking in an interest rate.
Generally there are 4 primary components […]
November 2015
What is an Annual Percentage Rate or APR
The annual percentage rate (APR) is an interest rate that is different from the note rate. It is commonly used […]
Why Mortgage Rates Change
To understand why mortgage rates change we must first ask the more general question, “Why do interest rates change?” It […]
Mortgage and Lending Terms to Know
These are some of the top used, and most frequent, terms and there definitions that […]