Each home buyer knows that a fixed rate low interest mortgage loan is better than a fixed rate high interest loan but do you know how much better it is? Realty Times has a concise article about this issue that each home Buyer should read. CLICK HERE to read the article.
If you have questions about local lenders who can discuss the financial market with you give me a call and I can provide you some names and numbers. As you can see from the article, a small change in interest rate makes a big difference over the life of the loan.