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⭐️ Must read: 6 ways to get the lowest rate on your next mortgage right now. Purchase rates for Monday, January 6, 2025. 30-year fixed rate. 7.00%. 20-year fixed rate. 6.88%. 15-year fixed rate.
Yes, a 1% drop in mortgage rates can save you a significant amount, but waiting for rates to fall by 2% or 3% can be even more worthwhile. For example, if you borrow $400,000 at 3% APR instead of ...
⭐️ Must read: 6 ways to get the lowest rate on your next mortgage right now. Purchase rates for Thursday, January 2, 2025. 30-year fixed rate. 6.99%. 20-year fixed rate. 6.76%.
In general, and especially with low interest loans, the higher your DTI, the higher your rates are likely to be and the lower your approval odds are. Most lenders look for DTIs under 36 percent .
⭐️ Must read: 6 ways to get the lowest rate on your next mortgage. Purchase rates for Tuesday, December 17, 2024. 30-year fixed rate. 6.79%. 20-year fixed rate. 6.61%. 15-year fixed rate.
⭐️ Must read: 6 ways to get the lowest rate on your next mortgage. Purchase rates for Wednesday, November 20, 2024. 30-year fixed rate. 6.92%. 20-year fixed rate. 6.73%. 15-year fixed rate.