Should I Pay Points For A Lower Rate?

Officially known as the District of Columbia, Washington D.C. is the capital of the United States of America. The District of Columbia consists of three branches of government: Executive, ...

Located in the southwest region of Florida, the city of Fort Myers represents one of the main tourist attractions in the state. The city holds about 75,000 people with a median age of ...

When you’re living as a renter, the fear of eviction is among the most terrifying things you can experience. The thought of losing your home and the one place that’s supposed to ...

Maryland is one of the US states with really low poverty rates, densely populated, and high standards of living. Being close to the capital of the US and having a prosperous economy is ...

Having a good job market in the area you are living is an important aspect that could impact your way of life or whether you decide to relocate in the near future. Job opportunities are one ...

Glen Burnie MD is a suburb of Baltimore MD situated just 13 miles away, with a lovely community and plenty of things to do. This CDP situated in Anne Arundel County might not seem like much ...

Since real estate is one of the most valuable assets on Earth, architects and builders have to comply with a number of building codes, depending on the size and destination of their ...

Located in the North of North Carolina, Greensboro is well known for its history, the way in which it impacted the nation. It has grown a lot over the past 25 years and it’s ...

The period until the last payment is due. The maturity is usually but not always the same as the period used to calculate the mortgage payment. ...

Same as term Bridge Loan: A short-term loan, usually from a bank, that 'bridges' the period between the closing of a home purchase and the closing of a home sale. To qualify for a bridge ...

An ARM on which the lender has the right to change the interest rate at any time, for any reason, by any amount, subject only to a requirement that the borrower be notified in advance. The ...

The upfront and/or periodic charges that the borrower pays for mortgage insurance. There are different mortgage insurance plans with differing combinations of monthly, annual, and upfront ...

Refinancing for an amount in excess of the balance on the old loan plus settlement costs. When the main objective of a refinancing is to raise cash, the relevant question is whether the ...

A fee that some lenders charge to accept an application. It may or may not cover other costs such as a property appraisal or credit report, and it may or may not be refundable if the lender ...

A borrower who must use tax returns to document income rather than information provided by an employer. ...

The amount of interest, expressed in dollars, computed by multiplying the loan balance at the end of the preceding period times the annual interest rate divided by the interest accrual ...