Knowledge is Power: Understanding Amortization and Mortgage Interest Rates
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Assuming you are financing a portion of your purchase, the bank will play an important role in the success and timing of the overall process. Therefore, it is important to have some insight into the role your mortgage professional and the bank play, and the behind the scenes process of obtaining a loan.