I’ve heard it said that “Interest rates don’t change, just the cost of interest rates change.” I like this because it helps me understand the way rates and discount points are connected. Knowing a few key facts will improve your confidence and help you become a smart mortgage shopper: What does “Current Interest Rate” mean?…

There are many ways to describe an object. When it comes to buying a home, don’t be confused by the rhetoric used by clever salespeople. Here is a quick overview of the COSTS involved with obtaining a home mortgage. Category 1 – Lender Fees Origination Fee (0% to 2.5% of loan amount) – a fee…