Part of taking out a mortgage on your new home is dealing with interest rates. The below article goes over what interests rates are ideal and how you can calculate what your rate before you sign the deal on the dotted line.

If you're in the market for a new home, knowing what current lending rates are becomes one of the most important things in your life. As a percentage of a whole, the interest rate on a long term loan, particularly that of a mortgage, can add up to thousands of dollars and scoring as low an interest rate on a home loan as you can find would mean a huge break on your budget. The trick is actually getting a low-interest home loan.

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