Base vs Annual Percentage Rate

Base vs. Annual Percentage Rate 101

Predict what you’ll pay by understanding base rate vs. annual percentage rate. When you apply for a mortgage, your primary concern is whether or not you can afford it right now. After all, you assume you’ll only be earning more money over time. That doesn’t mean that you should skip taking a look at your long-term Read More

FHFA Aims To Make Housing Credit More Accessible

Housing credit will become easier to get, making homeownership more affordable for low-income Americans. We all have heard about government-controlled housing finance firms Freddie Mac and Fannie Mae, but fewer of us are likely familiar with the agency that regulates them: the Federal Housing Finance Agency (FHFA). This agency regularly evaluates these two firms and sets Read More