Buyers often don’t think about the terms of the mortgage until they have signed a purchase agreement. Once that happens, they are dealing with deadlines and often end up going with whomever their Realtor recommends. While this can be quick and convenient, it could be costly as well. According to new research from Freddie Mac, the average borrower could save $1,500 just by getting one extra rate quote when applying for their mortgage. With five quotes, they could save $3,000 or more.Therefore, its advantageous for people to first shop for loan and then shop for the house.
Credit scores help lenders determine who qualifies for loans, and the interest rates they’ll pay. Generally speaking, the higher the credit score, the better the terms. For this reason, borrowers should take the initiative to scrutinize their credit reports at least six months prior to applying for a mortgage, to give them enough time to correct any visible errors and understand the mortgage limit based on their credit score. This could save lenders time to understand the limit upto which he can afford to purchase a home.
Why is it important to shop for the loan before you shop for a house. Discuss...
Pedagogy Discuss why it will be important for you to know what you believe about early childhood and why. You will need to discuss this with your mentor this week. I know that many of you will not really have a clear "belief system" but I want you to think about what it might be and why
Q2: What does data pre-processing mean in Data Mining and why is it important? Explain the five (5) steps in data pre-processing? Q3: What is an outlier? Why outlier detection is important in some of the data mining applications? Give examples of such applications. Please, Please, Please and Please… 1. I need new and unique answers, please. (Use your own words, don't copy and paste, even when you answer like theses answers before.) 2. Please Use your keyboard to answer...
Discuss why it is important to carefully plan a business model before jumping in to operational activities.
Discuss important ratios to analyze financial statements. Which measures are important? Why? It's good to know how to calculate the numbers but it is even more important to know how to interpret the results and make good management decisions. Please keep your post to at least 200 words and no duplicate answers
Discuss: why is it important fr government to consider the draft bill for BROADCASTING before parliament into law to regulate sector
Briefly discuss why Internal Organizational Analysis is important. Then briefly discuss how the ultimate product of it is used with the ultimate product of External Analysis to give an inside/outside picture of the firm and its environment. (Hint: there is a third analysis technique you will need to mention and describe in your answer.)
(TCOs A and B) Discuss why it is important to maintain good programming habits.
Discuss why it is so important to achieve synergy during the strategy implementation. Please no hand writing, please make sure you give a unique answer (not copied one). This question is from Strategic Management course.
You want to by a house for $380,000. The bank will loan you 80% of the amount at the following terms: 40 years, monthly payments, and an APR of 8.7%. What will be your monthly payment on the mortgage loan? (What numbers do I put into the financial calculator for N, I/Y, PV, FV and PMT?)
Discuss the major factors contributing to the high costs of healthcare and why they are important. 75 words include referrence