Movoto Blog - Finance Tips Articles

Finance Tips

Know Your Rate Type: Interest vs. APR - Movoto Real Estate

Basics

Know your rate type: Interest vs. APR

When comparing mortgages, many borrowers look to the interest rate to determine how much they ...

By Movoto Editorial Team

May 18, 2021

Is it Beneficial to Shop Around for Mortgage Rates? - Movoto Real Estate

Basics

Is it beneficial to shop around for mortgage rates?

Gearing up to buy a home? It’s time to start paying attention to real ...

By Jerimiah Taylor

May 18, 2021

How do Discount Points Affect My Mortgage Rates? - Movoto Real Estate

Basics

What Are Mortgage Points?

Should you consider buying mortgage points for your next house? Borrowers buy mortgage points in ...

By Jerimiah Taylor

May 18, 2021

Is It Important to Lock in a Mortgage Interest Rate? - Movoto Real Estate

Buying

Is It Important to lock in a mortgage interest rate?

After going through the application process and being approved for a mortgage and comparing interest ...

By Movoto Editorial Team

May 18, 2021

Does The Current Financial Climate Affect My Mortgage Amount and Rates? - Movoto Real Estate

Finance Tips

Does the current financial climate affect my mortgage amount and rates?

Established in 1913 by the Federal Reserve Act, the Federal Reserve System (or simply “the ...

By Movoto Editorial Team

May 18, 2021

Why it is Important to Research and Understand Mortgage Rates When Preparing to Buy a Home - Movoto Real Estate

Finance Tips

Why it is important to understand mortgage rates when preparing to buy a home

When buying a home, getting the right mortgage terms is a big deal. It determines ...

By Movoto Editorial Team

May 18, 2021

Pre-Approval Process - Movoto Real Estate

Finance Tips

The importance of getting preapproved before you start your home search

You’re in the market for a new home and want to make sure you stand ...

By Movoto Editorial Team

May 18, 2021

getting preapproved

Finance Tips

Does getting preapproved hurt my credit score?

Like many people, you have been told that having a good credit score is imperative ...

By Movoto Editorial Team

May 18, 2021

Pre-Approval Process - Movoto Real Estate

Finance Tips

How Long Does A Mortgage Pre-Approval Last?

How long is a pre-approval good for? It’s a question on your mind if you’re ...

By Jerimiah Taylor

May 18, 2021

Pre-Approval Process - Movoto Real Estate

Finance Tips

Should I get preapproved by multiple lenders?

The simple answer to this question is: yes because it’s beneficial to you as a ...

By Movoto Editorial Team

May 18, 2021

What Does a Mortgage Down Payment Mean & What is PMI? - Movoto Real Estate

Finance Tips

What Does a Mortgage Down Payment Mean & What is PMI?

After deciding to purchase a home comes the largest expense in the process: the down ...

By Movoto Editorial Team

May 13, 2021

What do Different Mortgage Loan Terms Mean? - Movoto Real Estate

Basics

What Are Loan Terms? How Do They Affect Your Loan?

What are loan terms when you buy a house? A loan term refers to the ...

By Jerimiah Taylor

May 13, 2021

Mortgage Rates Affect Monthly Mortgage Payments - Movoto Real Estate

Finance Tips

How Do Mortgage Rates Affect My Monthly Mortgage Payments?

Mortgage rates are determined by a complex set of factors, both ones that pertain to ...

By Movoto Editorial Team

May 13, 2021

What Does Home Price Mean? - Movoto Real Estate

Finance Tips

What Does Home Price Mean?

For first-time home buyers, as well as existing homeowners looking to buy, a question commonly ...

By Movoto Editorial Team

May 13, 2021

How Much Can I Afford to Spend on a House? - Movoto Real Estate

Finance Tips

How Much Can I Afford to Spend on a House?

Buying a house is a huge investment. For many of us, it is the largest ...

By Movoto Editorial Team

May 10, 2021

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