Understanding Your Interest Rate

September 15, 2016 8:54 am

Mortgage calculator. House, noney and document. 3dBuying a new home is one of the most important purchases you can make and I am here to answer all of your questions. The lender you choose to work with makes a difference in the interest rate you receive. On any given day, mortgage lenders’ interest rates will vary by up to 0.25%.

We are often asked:

  • How do I get the best interest rate on my mortgage?
  • How come different lenders have different interest rates?
  • Why do interest rates change?

Lenders have different rates because of the way they operate. Last year, Fairway Independent Mortgage closed about $11 billion worth of mortgage loans across the country. The higher loan volume allows Fairway to get access to low rates. We focus on great customer service and word-of-mouth marketing instead of big budget advertising. This system allows Fairway to always offer great mortgage interest rates to all homebuyers.

Current mortgage interest rates make now one of the best times to consider your home buying, selling, or refinancing options. Whether you are purchasing a new home or looking to refinance your current home, you can trust Fairway Independent Mortgage to make your home loan as stress free as possible. I will work hard to obtain the best rate for you and lend my expertise on when to lock in the best rate.

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