NEWS & INSIGHTS

Buy Without Sell: When You Don't Have to Sell Your Current Home Before Buying the Next One. $104K annual income. $550K new home. 10% down. Three weeks to close. Most lenders said no — the current home was listed, but with no offer in hand. One suggested a hard money loan. But this borrower wasn't buying an investment property. They were simply moving from one primary residence to another. Here's the situation: 🏠 Current Home - Expected sale price: $450,000 - Outstanding mort

Why APR Alone Is a Poor Way to Compare Mortgages "Just choose the lowest APR." If only mortgage shopping were that simple. APR includes the interest rate and certain financing charges. But it does not know your plans to sell, refinance, or make extra principal payments. You may be planning a three-year relationship with the mortgage. APR is doing the math for a 30-year marriage. Lender credits can also muddy the comparison. One lender charges you $600 for an appraisal. Anothe