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What is the Difference Between Interest Rate and APR?

What is the Difference between Interest Rate and APR?

When purchasing a home, there are many new terms to learn. PMI, escrow, earnest money, and the list goes on and on. Two particular terms that can trip people up are interest rate and annual percentage rate, or APR. Why are there two different rates? Why is one higher than the other? When looking at […]

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3 Things to Consider When Buying a Home in 2022

The last couple of years have certainly been a little crazy for the housing market. We’ve seen low rates, high prices, and less volume on the market. It’s been easy to sell but tough to buy which makes the decision of purchasing a home all the more difficult. Here are three things to help you […]

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Fall Home Buying

3 Reasons to Buy a House This Fall

If you’ve been considering buying your first home but are unsure about whether or not you’re ready to dive into the world of home ownership, there are several factors that currently make buying a home appealing. Buying a home can be scary for first time buyers, so remember to call your friends at GVC Mortgage […]

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Get the Best Mortgage Interest Rate

3 Ways to Get the Best Interest Rate on a Home Mortgage

Buying a house can be an exciting but overwhelming process filled with unexpected twists and turns. Most people understand the importance of having a trustworthy and proactive realtor, but having a mortgage lender that you can depend on is equally as important. A good lender can ensure that your mortgage loan goes through without a […]

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Credit Scores Affect Mortgage Rate

How Your Credit Score Affects Your Mortgage Rate

You’ve decided it’s time to purchase a home, and you’re getting your finances in order. You have sufficient income and savings, and you’ve even been browsing some properties. Now it’s time to talk to a mortgage lender and find out what kind of rate you qualify for. There are several factors that can affect your mortgage […]

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Refinancing Your Home Loan in 2018

During 2018, experts predict that mortgage rates across the United States will increase slowly in the coming months. After a few years of record low rates, these increases come as no huge surprise. If you are wanting to refinance and lock in a low mortgage rate, our team at GVC Mortgage recommends that you do […]

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Your Trustworthy Indianapolis Mortgage Company

In the midst of an unsteady real estate market nationwide, Indianapolis stands apart. Homeownership in this thriving city remains a strong financial investment for your future because of the following reasons

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CoreLogic Report Shows Home Prices Rise by 12.2 Percent Year Over Year in May

––Analysis Indicates Projected Growth of 13.2 Percent Year Over Year in June–– CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its May CoreLogic Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased 12.2 percent on a year-over-year basis in May 2013 compared to May 2012. This […]

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