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Can you negotiate interest rate on a mortgage?

Benjamin Evans | 2023-06-05 06:16:21 | page views:1311
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Isabella Bailey

Studied at the University of Toronto, Lives in Toronto, Canada.
Negotiating mortgage interest rates goes beyond just the rate itself. The loan rate usually depends on the closing costs, particularly origination and discount point costs. A --point-- is one percent of the loan amount. ... As up-front points rise, the interest rate should lower, and vice versa.
2023-06-14 06:16:21

Olivia Williams

QuesHub.com delivers expert answers and knowledge to you.
Negotiating mortgage interest rates goes beyond just the rate itself. The loan rate usually depends on the closing costs, particularly origination and discount point costs. A --point-- is one percent of the loan amount. ... As up-front points rise, the interest rate should lower, and vice versa.
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