Taking Advantage of a 1st-Time Buyer (Or Trying To) First-time Buyers may not know prevailing lender fees — but experienced Realtors do. In that vein, a colleague recently reported that, to his chagrin, he discovered that the lender he referred his client to quoted her lender fees (origination, underwriting, appraisal, etc.) easily double the industry...Read More
Q: When is a 3.75% FHA loan a better deal than a 3.5% FHA loan? A: When the 3.75% loan is (a lot) cheaper to get. Consumers shopping for a mortgage tend to focus only on the face rate of the mortgage. That’s a mistake, because the total cost of the loan breaks down into two...Read More
