What determines your home mortgage interest rate?
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Do you know what determines your interest rate? Did you know that if you plan to buy a condominium that your rate will most likely be higher than someone purchasing a single family residence?
There are many variables that play a part in the interest rate that you are quoted from a lending institution. Understanding your personal scenario will help you to understand the rate that you are being quoted. Watch our quick 2 minute video about what determines your interest rate and why.
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The Mortgage Mom Radio Team – Where your family and future come first!
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