How are Mortgage Rates Determined

How are Mortgage Rates Determined

Photo by Eduardo Soares on Unsplash Individual lenders typically determine mortgage rates on a case-by-case basis. It is common practice for lenders offer the lowest rates to borrowers with a higher income, credit scores, and down payment amount. Your mortgage rate...
CURIOUS ABOUT MORTGAGE RATES?

CURIOUS ABOUT MORTGAGE RATES?

If you’re curious about current mortgage rates and what factors can impact them, you’re in the right place. Let’s dive into it with confidence:   Economic Climate: Mortgage rates are influenced by the overall economic conditions. When the economy is strong and...