Fixed rates or adjustable rates? What’s the difference between these terms and how do they affect you? It’s a question you may be asking as you begin thinking about your home loan process.   What is Your Mortgage Interest Rate? Interest is the fee charged for borrowing money. Your initial mortgage ...

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As you make the decision to move forward on your homeownership journey, you may be wondering about all of the costs involved in purchasing a home. In addition to your down payment, you will also need to plan for closing costs. What are Closing Costs? Closing costs are the extra expenses beyond the ...

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At American Pacific Mortgage, we know that it’s not what you say, but what you do that is important. We serve, because we love our communities– and that’s the reason we founded APMCares. Our mission is to serve the needs of individuals, families, and communities where we live and work. Encouraging ...

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As you get ready to apply for your home loan, you may be wondering about mortgage interest rates. The interest rate you get on your home loan will differ according to current rates, loan types, loan terms, credit rating, and will determine your monthly payment on the loan. At some point during your ...

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As Winter comes to a close, new home listings begin to flood the market. According to Zillow, most home listings come onto the market in April and May. The good news is that Spring brings many choices for buying a home! But Spring also brings a lot of competition, so you might want to consider ...

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