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With so many factors determining a mortgage interest rate, it can be confusing to understand whether you’re getting the best possible rate. And as interest rates continue to rise to their highest level in years, you want to make sure you’ve done your homework.
We’re here to help make that process a little easier with these 5 things you need to know about mortgage rates.
The best thing to do is start with a preapproval from a trusted mortgage lender so you know what your budget is and you won’t miss out on being a contender for a home if you find one you want to make an offer on. Contact one of our mortgage experts to get started!