Your interest rate can make a big difference for how much you pay over the life of your mortgage loan. Even just a 1% difference can save you thousands of dollars!
That’s why it’s so important to get the best interest rate that you can. Here are a few things you can do to get the best rate on your new mortgage:
– Get your credit score and debt in great shape before you start the homebuying process.
– Shop around for rates with different lenders and find the mortgage offer with the best deal.
– Find the right agent who can help you negotiate with sellers to buy down your interest rate or throw in other perks.