APR and FBI, CIA, USDA, FDIC, ATF, USPS, SEC, NASA, HUD.

February 11th, 2011

A lot of terms and abbreviations these days seem like alphabet soup! Interest Rate and APR (Annual Percentage Rate) are two of the most commonly confused terms in the mortgage business. Many people think APR is the rate of interest that you pay on the loan. But the interest rate is actually the rate of interest you pay on the loan, not APR. Read the rest of this entry »

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Why A “Lower Price” May Not Be A Better Deal!

August 24th, 2010

Are we really that gullible to believe the old saw that someone else can price a product or service cheaper than everyone else? Apparently so, it is a gimmick that has been working for centuries. But if you really take a hard look, the lowest price is not always the lowest price. Read the rest of this entry »

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