Mortgage interest rates explained - which?

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Jannie Roob asked a question: Mortgage interest rates explained - which?
Asked By: Jannie Roob
Date created: Mon, Mar 8, 2021 2:34 PM
Date updated: Wed, Sep 14, 2022 8:58 PM

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A mortgage interest rate is the percentage of your existing principal loan balance you pay your lender in exchange for borrowing the money to purchase a property… You'll typically pay a higher mortgage interest rate if your credit is poor or if you have other negative financial issues.

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