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Per diem interest is the daily interest charged on a loan from funding until month’s end. Calculate what you’ll owe in per diem interest when you close on your home.
The FHA foreclosure waiting period is 3 years—but there are exceptions. Find out what you need to get an FHA loan after foreclosure.
When searching for a new home, it’s important to look at the neighborhood, too. Several factors will help you evaluate how “at home” you will feel in your new neighborhood.
Short sales are homes that are selling below their mortgage balance. Buyers can often find deep discounts on these homes, but the buying process is often long and complex.
Buying your first home is one of the best financial decisions you can make. But buying a second home can be a lot more complicated.
Learn what a note is in mortgages, and get the facts about what a mortgage note and promissory note mean.
