Your annual percentage rate (APR) is a yearly rate that reflects the actual cost of your mortgage and is inclusive of your closing costs and interest rate.
You can only refinance your home loan once every 12 months.
You will almost always get the best mortgage interest rates at the bank where you have a checking account.
If you go through a short sale or foreclosure, you must wait a mandatory seven years before being able to apply for another home loan.
If you are underwater on your home loan, a mortgage lender will not allow you to refinance.
When taking out a mortgage with your spouse, lenders look at each of your credit scores from the three main reporting bureaus and take the LOWEST of your two middle scores.