Mortgage Sense

How are mortgage rates determined?

How are mortgage rates determined?

Thinking about buying a home? You’ll need to narrow down the neighborhood, the size and style of the space, the price and the down payment. You’ll also want to consider mortgage interest rates, which play a big role in whether or not the time is right to buy a house at all. 

Out of the variables listed above, the mortgage rate is the one thing that can change from day-to-day. Even if you bought a house on the same day as a best friend, your mortgage rates could be very different.

Continue reading How are mortgage rates determined? at Movement Mortgage Blog.

About the authors

Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

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About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

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