APR: The Annual Percentage Rate & Your Mortgage

Annual Percentage Rate, more commonly referred to as APR, is a term any homeowner or buyer is familiar with. You know, it’s that percentage always mentioned after the mortgage interest rate. But what exactly is APR, and what does it have to do with your home loan?

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If You Can Pay Cash, Why Take a Mortgage?

The short answer is “opportunity cost.” Here’s a real story on a home purchase that just recently closed. I got a call from a financial advisor whose high-net-worth client’s daughter was about to buy her first home in the $250,000 price range.  The daughter, let’s call her Grace (not her real name), already had enough of …

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Saving for a Down Payment on Your First House

The decision to buy a house can be one of the biggest decisions in your life, especially if it’s going to be your first. You can’t just rush into it. You need to be prepared. While there are numerous factors to consider when readying yourself to become a home-buyer, an obvious big one is money …

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7 Common Mistakes Made by First-Time Home Buyers

As Millennial loan consultant David Wickert likes to say, “Nobody goes to mortgage class in high school.”  By this, David means that it’s perfectly normal for home buyers to not know all the ins and outs of the mortgage world and home buying process. After all, that’s what the experts at Accunet are here to …

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5 Things You’ll Love About WHEDA Loans

Before the Wisconsin Housing and Economic Development Authority (WHEDA) was formed, it was particularly challenging for modest-income families and individuals to afford the housing they desired. WHEDA was originally developed to assist Wisconsin residents and provide unique home ownership opportunities through affordable mortgage programs and continues to play a vital role today.

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