How Does an ARM Loan Work? - How to get a Lower Mortgage Rate - Part 3 of 3

Описание: Looking for a way to get a lower mortgage rate in todays housing market? There are products that exist in the marketplace to help you obtain a lower interest rate when purchasing a new home.

As a homebuyer obtaining a lower rate on a mortgage is clearly beneficial in a number of ways. First a lower mortgage rate increases your buying power, allowing you to purchase more home while staying within mortgage guidelines. Secondly, a lower mortgage rate means you will be paying less mortgage interest over the life of the loan which results in significant savings to a homebuyer. Lastly, a lower mortgage interest rate can significantly lower your monthly housing obligation giving you the ability to own your home for less than others may be paying to rent.

In this 3 part series, I will show a home buyer what products or strategies exist in the current housing market that can assist you in obtaining a lower rate, Be sure and check out all 3 videos in this series so you may decide what's right for you.

Check out Part 1 of this 3 part series here:    • How Does a Buy Down Mortgage Work? (How to...  
Check out part 2 of this 3 part series here:    • What are Discount Points on a Mortgage? (H...  

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