Posts tagged as:

Loan

February is Credit Score Improvement Month

I’ve decided that February is going to be Credit Score Improvement Month here at StartwiththeHouse.com and in Charlotte, NC. All this month, I am going to be posting tips and articles on specific things you can do to improve your credit score. Why work on improving your credit score? Your credit score impacts so many areas [...]

Read the full article →

Everyone’s interest rates are (almost) the same

The mortgage bond market sets the overall interest rate trends.  Every day, traders in New York and online trade Mortgage backed Securities.  When the bond prices increase, mortgage rates fall.  Bond prices normally are bid up when the economic outlook sours, or when there is uncertainty globally in money flows into safer investments like US [...]

Read the full article →

APR or Total Cost?

APR is an acronym for Annual Percentage Rate.  It’s a government-mandated calculation meant to simplify the comparison of mortgage options.  It is probably the most misunderstood number at any closing or with any application. A loan’s APR can always be found in the top-left corner of the Federal Truth-In-Lending Disclosure. Because APR is expressed as a percentage, [...]

Read the full article →