The mortgage market has been hit hard by a new round of low interest rates and a glut of properties that have made buying a home a real option for many.
CabelaMans is here to help you find the perfect home for your family, and what you’ll pay, to do that.
How does the mortgage market work?
A mortgage is a type of debt that’s taken on by the lender to help them repay a loan.
It’s typically the equivalent of a credit card or other debt, with a certain amount of interest added on top.
The term “mortgage” is a combination of the terms “mort” and “mortgage”, which means “for money”.
The term loan is used to describe a loan made to cover costs like rent, mortgage payments, insurance and legal fees.
How do you find a mortgage?
To find out more about mortgage terms and how they work, we’ve looked at the data from Mortgage Bankrate, the U.S. National Association of Realtors (NAR), and RealtyTrac.com.
NAR is the largest real estate site and mortgage broker in the U