1. FHA loans usually have lower interest rates than conventional loans. There’s no guarantee that…
How a Change in Mortgage Rate Impacts Your Homebuying Budget
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home.
Click here to hear what Sam Khater, Chief Economist at Freddie Mac, has to say.
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