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Saturday, March 16th, 2024

Applying for a fixed-rate mortgage? Why you need to do your homework

Imagine you’ve applied for a five-year fixed-rate mortgage. Then, before you close, the lender drops its best five-year fixed interest rate. You’d expect that new lower rate, right? Most people in this position would. But with some lenders, that’s not the way it works. If you’re going mortgage shopping, take a minute to understand your […]