Mortgage Rates
Mortgage rates just had their biggest one-day drop in over a year.
They fell to the lowest they've been since last October.
And that shift matters. Compared to when rates were at 7% earlier this year, that could mean your future monthly payment is now about $200 lower. Or, on the other hand, this interest rate drop will increase the purchase power that you qualify for or what you feel comfortable with.
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Glenn Hemry
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Mortgage Rates
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