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mortgage rates

Understanding Mortgage Rates: A Comprehensive Guide

February 1, 2025 by ThePolicyGuide
Understanding Mortgage Rates: A Comprehensive Guide

What Are Mortgage Rates? Mortgage rates refer to the interest charged on a home loan, expressed as a percentage of the principal amount borrowed. These rates are pivotal in the home buying process, as they directly influence the amount a borrower pays over the life of the loan. Typically, mortgage rates fluctuate based on various … Read more

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