Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate … Continued
Mortgage Myth: “Renting a home is cheaper than buying a home in the long run.” Truth: Renting and home ownership come with their own unique benefits. In deciding which route is right for you, it is important to assess your … Continued
Wire transfer fraud crimes are on the rise, and home buyers are increasingly at risk. With cyber-criminal scams that frequently target real estate transactions, it’s crucial that you identify red flags to avoid getting scammed. Email hacking is a tool … Continued
Mortgage Myth: “The home loan process is complex and confusing. I don’t know where to start with home financing or who to talk to in order to begin the process of buying a home.” Truth: Buying a home may … Continued
Obtaining a second mortgage may be a useful tool when helping prospective buyers and current homeowners reach diverse financial goals. A second mortgage allows you to use any equity that you have in your home as security against another … Continued