Tag Archive: interest rates

How Do I Lock in A Mortgage Rate?

September 9, 2015 by Leave a comment

Mortgage rates fluctuate for reasons far too complicated for the average homebuyer to follow, much less anticipate. The experts’ own predictions tend to be unreliable, and if you’re a buyer, even a small change in the interest rates can mean a lot of money over the term of your loan. For example, a $250,000 30-year... View Article

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6 Ways to Fight Rising Interest Rates

September 3, 2015 by Leave a comment

Mortgage interest rates have been hovering between 3.5 and 4 percent for the past 18 months, refusing to rise as quickly as many forecasters had predicted. That means many have been able to lock down favorable rates without the threat of a drastic increase hanging over their heads. However, later this year, the Federal Reserve... View Article

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6 Ways to Lower Your Interest Rate

July 8, 2015 by Leave a comment

If you’re in the market to buy a house, you probably see dozens of advertisements from lenders trumpeting interest rates that seem impossibly low. Actually those are real rates—but they are reserved for a very elite few borrowers with the best credit, the largest down payments, and the ability to qualify for pretty much any... View Article

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Is it worth it to make double payments on my 30-year fixed-rate mortgage with an interest rate of 4.75 percent?

September 15, 2014 by Leave a comment

It’s tempting, if you can afford it, to make two mortgage payments a month. This will help you slash the time it takes to pay off your mortgage loan. And over time, it can save you a significant amount in interest payments. And let’s be honest: It’s nice not to have make those mortgage payments... View Article

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