Mortgage points explained: How mortgage points can make a big difference, understand the details and make an informed decision on your next mortgage.
Your mortgage rate and your mortgage fees are two major factors that can affect the total cost of your loan, so it’s essential to pay close attention to these numbers when applying for a mortgage. However, the biggest mistake you can make when applying for a mortgage is to ignore these two important factors, as doing so could result in you overpaying by thousands of dollars over the lifetime of your loan. Keep reading to learn more about avoiding this mistake and getting the best possible rate and fees on your next mortgage.
Compare-as-a-Service (CfaaS) is a cloud service that helps compare anything in the financial services ranging from mortgages to ancillary services required to fulfill a transaction; CfaaS would provide apps using container-based abstraction. CfaaS being a cloud service makes it highly scalable, available, and configurable with low to – no cost to maintain a protocol across the industry (for instance, using a communication protocol similar to MISMO* but uses JSON to communicate with various real estate service providers seamlessly).