Based on the success of yesterday’s post, we see there’s a strong interest in getting up to speed on mortgage terminology. Main St. provides this handy guide covering 10 terms that you should learn if you’re thinking about buying a house. They cover the basics of everything from the relationship between Freddie Mac and Ginnie Mae, to the various different costs. Both real-estate agents and mortgage brokers are prone to throwing this jargon around as if it’s well understood, but we understand that might not be true for you, and we want to help.
