When it comes to renting and buying in today’s market, the average three-bedroom home can be monetarily draining for families across the nation. With home prices rising faster than wages and wages rising faster than rent prices within the greater Atlanta region, renting is the more financially beneficial choice when searching for a home this year. Rick Sharga, executive vice president[...]
[youtube https://www.youtube.com/watch?v=Uz2nX5XsY6g&color2=FBE9EC&version=3] Back for another Mortgage Minute Series, Academy Mortgage is on hand to talk about the many incentives buyers can receive when they use their builder’s preferred lender. When choosing Academy Mortgage as a preferred lender, buyers will receive $5,000 in seller paid closing costs. Travis Evans, a licensed Mortgage Originator with Academy Mortgage, explains how this can be used[...]
[youtube https://www.youtube.com/watch?v=qHTmVsd1eDc&color2=FBE9EC&version=3] Academy Mortgage returns to finish answering the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. This week, Gina Spearman discusses what is included in monthly mortgage payments. Monthly mortgage payments will include principle, interest, taxes and insurance (PITI). The biggest part of the payment will come from principle and interest. Principle and interest[...]
“What all is included in my mortgage payment?” All home buyers find themselves asking this million dollar question as they prepare to purchase their new home. There are many factors that make up the payment homeowners see each month. The two largest components of the monthly mortgage payment include the principal payment and the monthly interest charge. The rest of the[...]