It’s always a good question to ask. If your current mortgage rate is higher than what’s available today, you are over paying the bank. That’s like giving your bank a tip every month. Of course there’s more to improving your rate than just knowing rates are lower. There are lots of hidden things to be on the lookout for to make sure you don’t get taken advantage of by a savvy, or sneaky loan officer. Many are very good at math and just looking to sell you a loan. Watch this to get the inside scoop.
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