Mortgage Rates

A mortgage rate, sometimes known as an interest rate, is a part of the cost to borrow money from a lender. You pay the interest on your loan as part of your monthly mortgage payment and the amount you pay in interest is determined by your interest rate.

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About Mortgage Rates
Strategies
Types
Rates & The Economy

About Mortgage Rates

A mortgage rate, mortgage interest rate, or interest rate is a component of the cost of borrowing funds from a lender. Instead of paying your mortgage lender a flat amount, interest is included in your monthly mortgage payment.  Read More >

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Strategies

Even the most self-assured buyers may have self-doubt while buying a property. By completing your research and weighing your alternatives before to shopping for a mortgage, you will be well-equipped to make the best decision.  Read More >

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Types

Several types of mortgages are available to homeowners, each with its own set of terms and conditions. It is important for homeowners to carefully consider their financial situation and goals before choosing a mortgage, as the type of mortgage they select can significantly impact their overall financial well-being. read more >

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Rates & The Economy

The inflation rate, the amount of job creation, and the expansion or contraction of the economy are just a few of the factors that affect mortgage rates. The Federal Open Market Committee determines the Federal Reserve's monetary policy, which is also important... read more >

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Mortgage Rates

A low rate can save you hundreds each year.

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Amortization Schedule

Figure out your estimated mortgage payoff date.

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