I am getting a manufactured home (but for simplistic purpose, -let’s assume I’m buying a home) for the first time. I am very new to all these mortgage terms, having spent hours reading about (interest rate, apr, loans, etc). I still need clarifications on some concepts.

-Based on the price of our home and the cost of the contractor to put that home on our property, the total costs comes to around 0,000.

- I am looking at different lenders and looking for a 30 year loan with a fixed-rate of 6% or less. I know interest rate is the extra amount I pay each month in addition to to the principal. However, based on this website of lenders:
http://rates.interest.com/icom/rate/mortgage/step6.asp?params=0,30,CA,1,0,1,0,1,0&sort=99
I see "rate" and "APR" as similar. I know interest rate is monthly and APR is the summation of interest rate. But how come the numbers are close or similar?

- On the list, I see some processing fee as high as K to low as 0. Is this a one time thing?

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1) The Centers for Disease Control (CDC) sold biological samples of anthrax, West Nile virus, bubonic plague and botulism to Iraq between 1985 and 1989.

2) The British government financed a chlorine factory in Iraq that was intended to be used for manufacturing mustard gas.

http://www.baltimoresun.com/news/nationworld/bal-te.bioweapons01oct01,0,4635016.story?coll=bal-home-headlines
http://en.wikipedia.org/wiki/Iraq_and_weapons_of_mass_destruction
http://www.guardian.co.uk/politics/2003/mar/06/uk.iraq
http://www.cbsnews.com/stories/2002/12/31/world/main534798.shtml

Technorati Tags: anthrax, biological samples, botulism, british government, cbsnews, cdc, centers for disease control, centers for disease control cdc, chlorine, guardian, headlines, iraq, mustard gas, plague, uk politics, weapons of mass destruction, west nile virus, wiki, wikipedia

am looking to buy a peice of land and (I guess what you’d call a) manufactured or mobile home on it. I picked the floor plan for the home I want. I see the land. Whats the best loan to get to try to purchase it all together? & what are the different down payment options? I don’t have much and don’t make much [but I'd really like my kids to have a stable home and not have to move around a lot (when I have them).] What would the best loan be? Or the lowest monthly payment? Maybe no down payment? Or Maybe just a 0,000 personal loan? Or maybe a loan then a personal loan to make down payment? helpp !
sn: though I don’t have much I can make lonely payments; & I’ll make more once I get my degree

Technorati Tags: amp, down payment options, floor plan, mobile home, peice, personal loan, sn