FAQ
Discover the ins and outs of mortgage rates and loans in a simplified and accessible way.
Learn About the Lowest Mortgage Rates
Know more about mortgage rates and loans in a simplified and accessible way.
What is a mortgage rate?
A mortgage rate is the interest rate charged on a mortgage loan, determining your monthly payments.
Is a variable rate better than a fixed rate?
The choice between a variable rate and a fixed rate depends on your financial goals and risk tolerance.
How do I lock my mortgage rate?
Locking your mortgage rate involves working with your lender to secure a specific interest rate for a specified period.
What is a mortgage rate hold?
A mortgage rate hold is a commitment from a lender to hold a specific interest rate for a set period while you finalize your mortgage application.
How often do mortgage rates change?
Mortgage rates can change frequently, sometimes daily, depending on various factors such as economic conditions, inflation, and market trends.
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