by Trevor Lane | Mar 28, 2010 | Home Buying Process
Buying a home versus renting is a big decision that takes careful consideration. Jumbo Financing, Apartment Financing, Construction Loans and Mixed Use Financing; while there are several biased sources that can make arguments for or against owning a home, we’ve...
by Trevor Lane | Mar 28, 2010 | Mortgage Closing Process
What the heck are they talking about? Many borrowers go through the closing process in a haze, nodding, smiling, and signing through a bunch of noise that sounds like Greek. Even though you may have put your trust in your real estate and mortgage team, it helps to...
by Trevor Lane | Mar 28, 2010 | Mortgage Rates
Timing the market for the best possible opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised and...
by Trevor Lane | Mar 28, 2010 | Mortgage Rates
The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised...
by Trevor Lane | Mar 28, 2010 | Mortgage Rates
Many people believe that interest rates are simply set by lenders, but the reality is that mortgage rates are largely determined by what is known as the Secondary Market. The secondary market is comprised of investors who buy the loans made by banks, brokers, lenders,...
