APR

Banking on Sunshine: How California’s Banking Hiccups Might Just Be Real Estate’s Next Golden Hour

California Summer

Ah, California! The land of endless summer, Hollywood dreams, and… banking blips? Recently, some tremors in the banking world have had economists and potential homebuyers reaching for their sunglasses to look for that silver lining. If you’ve been daydreaming of snagging that Californian mansion, these economic tides might be the

Pulling the Strings of the Economy: Decoding the Federal Reserve for Real Estate Enthusiasts

Federal Reserve

The name “Federal Reserve” often echoes in the corridors of economic discussions, but its function remains a mystery to many. Understanding its role can be crucial, especially for those interested in real estate. Let’s unravel the enigma behind the Federal Reserve and its significance in the real estate world. The

Discover how the common Average Percentage Rate is Sometimes Lower Than the Mortgage Interest Rate and How Can This Instance Help You?

APR
December 27, 2017

When looking at mortgage rates on various types of loans, you will often run across displayed interest rates higher than the annual percentage rate (APR). The APR is defined as the interest rate of the loan, including the various fees and additional costs associated with it. These fees include closing costs,