What Home Buyers in Redlands Need to Know About Mortgage Rates
Next to the purchase price of a home, the next biggest consideration for home buyers is typically their mortgage rates, that is, the interest rates they’ll pay on their mortgages. The interest rate plays a huge role in how much you’ll pay over the life of the home loan. For example, for a 30-year fixed-rate loan, the difference between 3.75% and 4.0% over the life of the loan works out to around...
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