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Common Questions
Rates and Points
What is a point?
Should I pay points?
How much lower is an adjustable rate mortgage compared to a fixed-rate loan?
If rates are rising, should I lock in a loan rate?
Is the annual percentage rate, or APR, the same as the interest rate on my loan?
What gives me the best protection from rising rates on an adjustable rate mortgage?
What is the benefit of seller financing?