If you can’t pay cash for a home you will need a mortgage. The goal of every consumer is to get the lowest rate at the lowest cost. Mortgage rates can change on an hourly basis and because the interest rates change so often there is not an accurate interest rate on the internet. Don’t fall for teaser rates without reading the fine print.
Knowledge is power and knowing what factors that determine your interest rate and how to shop for a mortgage will help narrow down the companies to compare, save you a ton of time, and most importantly SAVE MONEY!!!
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