Home Interest Rates Simplified – CreditFixGuy
Manage episode 498113086 series 3667337
Home interest rates don’t have to be confusing. At their core, they represent the cost of borrowing money from a lender to buy a home. The higher the rate, the more you’ll pay over time. Even a small difference—like 6% versus 7%—can lead to tens of thousands of dollars in extra interest over a 30-year mortgage.
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