http://videotap.wistia.com/medias/mqv63jehz2?embedType=async&videoFoam=true&videoWidth=640 Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current...

http://videotap.wistia.com/medias/th8fusgwxu?embedType=async&videoFoam=true&videoWidth=640 The Prime Lending Rate - sometimes just called “Prime”  - is the interest rate that banks charge each other for overnight loans. Some consumer...

http://videotap.wistia.com/medias/3kmw6gtrih?embedType=async&videoFoam=true&videoWidth=640 Discount points allow you to lower your interest rate. While this video simplifies things to help you remember, “points” are essentially prepaid interest...

http://videotap.wistia.com/medias/nqzza13x7q?embedType=async&videoFoam=true&videoWidth=640 Usually, Yes. Like the guy in the video says, by sending in extra money each month or making an extra payment at the end of the year you can accelerate the process of...

http://videotap.wistia.com/medias/xz7j629p3j?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as...

http://videotap.wistia.com/medias/98nz1xt5k2?embedType=async&videoFoam=true&videoWidth=640 The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowner's insurance, and mortgage insurance,...

http://videotap.wistia.com/medias/s5hogeklny?embedType=async&videoFoam=true&videoWidth=640 For both, as we show you in this video, compared with other options,  with fixed rates, housing costs won’t be affected by interest rate changes and...