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Recently asked questions
Q: What is the difference between "rate" and "APR"?
APR 26, 2021
A:
APR is perhaps the most misunderstood part of mortgage finance. "Rate", or more properly "contract interest rate" is the actual rate of interest you are being charged...
Read MoreQ: How do I find out who owns my mortgage?
MAR 15, 2021
A:
The owner of the loan is most often the "investor" -- the entity who put up the actual funds to make your mortgage happen.
Read MoreQ: When will I begin paying more principal than interest?
MAR 04, 2021
A:
A 4 percent 30-year fixed-rate mortgage will see equal parts principal and interest at about payment number 154.
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