A big part of when you decide to buy and which lender you choose to finance with will likely depend on how mortgage rates are doing. Your mortgage rate not only affects the amount of interest you will pay over the life of your mortgage, but it can also influence the amount you are approved…
Month: December 2014
Mortgage 101: How Is a Home Appraisal Calculated?
You’ve been pre-approved for home financing, found your dream home, and made an accepted offer of $220,000; now what? Whether you are buying a home, refinancing your mortgage, settling a legal issue, or appealing property taxes, the value of the property in question needs to be determined through a home appraisal.