Search Results for: mortgage rates - Teacher Kwadwo

Teacher Kwadwo

MORTGAGE RATES

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Mortgage rates are the interest rates charged by lenders on home loans. They fluctuate based on various economic factors, including the Federal Reserve's actions and overall market conditions. Lower rates mean lower monthly payments, making homes more affordable, while higher rates increase the cost of borrowing. Current rates vary widely depending on the borrower's credit score, loan type, and down payment.

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