Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
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WHAT IS YOUR INTEREST RATE is a question I hear everyday, right along with "WHAT ARE YOUR CLOSING COSTS? But it's NOT about rate or cost, it's about the best deal for you. So why does every homebuyer focus on rate? Because they have been socially conditioned to do so by: Every commercial Every fr...
What is a Lender Credit on my mortgage estimate?Minneapolis, MN: Face it, when buying a home, getting a mortgage loan and understanding all the fees and closing costs can sometimes feel a bit overwhelming.Many of the items are pretty easy and straight-forward to understand; an appraisal for exam...