A CVT does not strictly require the presence of a clutch. Nevertheless, in some vehicles (e.g. motorcycles), a centrifugal clutch is added to facilitate a neutral stance, which is useful when idling or manually reversing into a parking space.
While it does not take perfect credit to get a decent mortgage, buyers with better credit scores get mortgages with lower interest rates and may be exempt from certain fees during the mortgage process. First-time home buyers should be aware of their credit histories and expect mortgage rates to reflect them.
A home appraisal ensures that the home you are buying is worth the money you are paying for it. Hereâs what first-time home buyers need to know about the process, from what an appraiser examines to determine value to appraisal cost and timing. We also share tips on how to handle a low appraisal.