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15 Year Mortgage, Pros and Cons

15 Year Mortgage, Pros and Cons

Once you have decided to join the ranks of homeowners, you need to decide what type of mortgage is right for you.  The most conventional choice for home loans is the 30-year mortgage.  The 30-year mortgage started to grow in popularity in the 1950s and quickly became...
Understanding Interest Rates and Annual Percentage Rate

Understanding Interest Rates and Annual Percentage Rate

Applying for and understanding mortgage loans can be a very confusing process for anyone.  The terms, the lingo, and the paperwork can become overwhelming very quickly.   The resulting confusion often leads to misunderstanding important terms in the application...