Our mortgage broker called to let us know we would be getting a lower rate!
We had locked in a 4.5% rate early in our process, although we decided to "sell" 0.25% to the broker who would then fund a large portion of our closing costs.
Our rate now moves down to 4.25% (and that includes the 0.25% we are still selling).
This is great news! Using the Mortgage Rate Comparison tab, we will now be saving more than $100 per month for the next 30 years.
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