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Mortgage
Understanding Mortgage Terms for Home Buyers
By
RealtyBiz News
| August 13, 2023
Mortgage
Survey: Most home buyers still don't understand their mortgage terms
By
Mike Wheatley
| June 22, 2020
Mortgage documentation is too cumbersome for far too many homeowners, according to a survey carried out by the home remodeling website Porch.com. The survey of almost 1,000 recent home buyers found that more than 75% said they didn’t completely understand the terms of their mortgage. Moreover, some 30% admitted to reading none or only some […]
Mortgage
,
US Real Estate
Mortgage Application Rules Are Changing
By
Brian Kline
| October 5, 2015
Effective October 3, 2015 changes are being made to mortgage application rules. Most changes are about how consumers are presented terms of the mortgages they are being offered. The changes are required by the 2010 Dodd-Frank financial law. One key change is that consumers must be given the final terms of the mortgage at least […]
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