Yes, a seller can legally refuse an FHA loan offer. Although FHA loans help more people afford homes, their stricter appraisal and property standards, longer closing times, and repair requirements…
When diving into the real estate market—whether for the first time or as a seasoned buyer—it's easy to get swept up in listings, open houses, and mortgage calculators. But before…
To determine if paying mortgage points is worthwhile, perform a breakeven analysis using APR. APR reveals the loan's true cost by including points and fees. The breakeven point is the…
The difference between APR and interest rate is crucial for mortgage decisions: the interest rate is solely the cost to borrow, determining monthly payments. APR, however, represents the total annual…