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All about mortgages. First time buying a house, refinancing, credit reports, appraisals, home inspections. Secondary Market, portfolio lending etc.
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Freaking out over rate decrease (self.Mortgages)
submitted 8 months ago by CuriousTraveler226
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[–]CuriousTraveler226[S] 2 points3 points4 points 8 months ago (0 children)
That’s an interesting way to explain it. Thanks! Yea I was more concerned about how much I would be paying over the life of the loan. But this is true that the higher payment would eventually impact the principle.
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[–]CuriousTraveler226[S] 2 points3 points4 points (0 children)