What Interest Rate Can I Really Expect on a Home Loan?

The annual percentage rate (APR) you will be quoted for a 30-year fixed-rate mortgage by a bank or other lending institution will depend on several factors, including the type of property, the amount of the loan compared to the value of the home, your income and, importantly, your credit score. Find out how credit score is likely to affect the rate you’re quoted.

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Why You Need a Realtor When Buying a New House

If you plan to buy an as-yet-unbuilt new home or one under construction in a development, you can go straight to the home builder without any representation. But the builder’s sales agents, while often knowledgeable and helpful, are paid to sell as many homes as they can at the highest possible prices. A real estate agent can help you negotiate price and upgrades, explain loan options, and ensure your new home is properly inspected.

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