The Stanford Funding Blog

Adjustable-rate mortgage (ARM): The mortgage-payment rate and loan payments vary. With these mortgages, interest rates start lower than with a fixed-rate mortgage, but then become variable. At specific intervals (typically every year), a lender adjusts the rate up or down as interest rates fluctuate.
Annual percentage rate (APR): The annual cost of a mortgage. APR is […]

Understanding Your Homeowner’s Insurance… before it may be too late.
For nearly all consumers, owning a home represents a large investment. But suppose your home is vandalized or damaged by a storm? Having insurance can protect you from such unpredictable losses.
When purchasing insurance, it is important to READ YOUR POLICY. Your policy is the contract […]