by Summit Mortgage Corporation | Sep 15, 2018 | Mortgage Industry News
Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate can save you...
by Summit Mortgage Corporation | Sep 15, 2018 | Mortgage Industry News
Mortgage Myth: “Interest rate and APR are the same thing.” Truth: Words like ‘escrow’, ‘amortization’, and ‘APR’ can sound like jargon gibberish to the untrained ear. However, taking the time to understand the difference between APR and an interest rate can save you...
by Summit Mortgage Corporation | Aug 14, 2018 | Mortgage Myths
Mortgage Myth: “Renting a home is cheaper than buying a home in the long run.” Truth: Renting and home ownership come with their own unique benefits. In deciding which route is right for you, it is important to assess your financial position, as well as your personal...
by Summit Mortgage Corporation | Aug 14, 2018 | Mortgage Myths
Mortgage Myth: “Renting a home is cheaper than buying a home in the long run.” Truth: Renting and home ownership come with their own unique benefits. In deciding which route is right for you, it is important to assess your financial position, as well as your personal...
by Summit Mortgage Corporation | Aug 3, 2018 | Mortgage Industry News
Buying a home is one of the single biggest decisions you will make in your lifetime and likely your most expensive purchase. Why wouldn’t you want to get the best deal possible? A mortgage is a long-term financial commitment, so it makes sense to shop around for the...
