Many consumers wrongly assume if they receive the lowest APR they received the best deal. This is simply not true. The APR is a good starting point to compare loan offers but lacks consistency from one lender to another. How can a consumer compare lenders when the fees included in the APR are not standard? [...]
Mortgage Rates have held steady with a downward bias even as uncertainty in the market looms with the Debt Ceiling deadline of August 2nd. Mortgage rates for FHA loans, Jumbo Loans and Conforming loans are experiencing volatility as our legislators try to strike a final deal to avoid defaulting on US debt. Many borrowers have [...]
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