Your lender understands just how your rate of interest gets determined, and we think you should, too. Find out more about the factors that affect your rate of interest.
If you’re similar to individuals, you intend to obtain the cheapest rate of interest that you’ll find for your home mortgage. But just exactly how is the rate of interest determined? Which can be hard to find out even for the savviest of home loan shoppers. Once you understand just what facets determine your home loan interest can better help you prepare for the homebuying procedure as well as negotiating your home loan. Continue reading Seven factors that determine your mortgage interest rate