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How To Get the Best Mortgage Rate (2024 Guide)

A high credit score is essential for securing favorable mortgage rates, with scores in the 700s typically qualifying for the best offers. Increasing your down payment can also lower rates and eliminate private mortgage insurance. It's important to compare rates from various lenders, including local banks and online options, to find the best deal. Strategies … Continued

5 ways to prepare for mortgage interest rate cuts now

Mortgage interest rates are declining, with expectations for further cuts as the Federal Reserve prepares to lower its federal funds rate. Prospective homebuyers should take strategic steps now to prepare for these changes. Key actions include shopping for lenders to find the best rates, boosting credit scores, exploring alternative mortgage options, accurately calculating budgets, and … Continued