Making Sure You Get the Best Mortgage Interest Rate
When you are looking to buy a home, your first priority is finding a lender who will give you the amount you need for the home you want. Naturally, you want the best mortgage rate, but as the borrower, you may not feel that you have much leverage to negotiate.
However, even half a percentage point in the interest rate you’re tied to can save you thousands of dollars over the course of your loan, so it is in your best interest to try to use whatever negotiating power you may have at your disposal. If it’s possible to negotiate a better mortgage rate, then you always should; here are some strategies to get you started on the process.
more “Is It Actually Possible to Negotiate a Better Mortgage Rate?”
