Mortgage lingo is often expressed in acronyms. You don’t need to know them all, but this article reviews the ones that are more common or important. The real estate and mortgage industries love acronyms. “APR,”
Mortgages can be complicated, with lots of confusing terms and acronyms that seem like they come from another language. But you don’t need to be a real estate agent or a lending professional to speak
Mortgage insurance can be expensive, and many people try to bypass this financial burden by bringing a large down payment. However, this creates new complication and can actually increase your interest rates. If you are
Avoiding FHA mortgage insurance can be tough, but it’s not impossible. When you apply for your first mortgage loan, you might be surprised to see all the additional fees and expenses. Suddenly the number you
Purchasing a home comes with a few additional costs that may not be entirely clear. Realtor fees, closing costs, and home insurance are just a few of the things that can slowly drive up the
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