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The Impact of Changing Mortgage Rates [INFOGRAPHIC] Some Highlights If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show …
When do you lock your mortgage rate? Locking your interest rate protects you from increases due to market conditions. Locking early safeguards your budgeted payment. By locking the rate, if the market goes up, you get the lower …
Adjustable Rate Comparison
Some Should Consider an ARM? Adjustable-rate mortgages are not the right choice for many homeowners especially, if they plan to own the home for a long time. Less than 3% of buyers choose an adjustable-rate mortgage according …