How to shop for a mortgage in 5 stepsIf you plan to use a mortgage loan to buy a house, comparing your options is critical to getting the best deal.
"Your credit score determines the rate you get, and the higher the score is, the better the rate becomes."
With mortgages, you have two options: a fixed interest rate or a variable interest rate, also called an adjustable rate.
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It could help save you significantly on your interest rate, payment, and long-term costs as a homeowner.