Shopping for your first home is an exciting experience. After all, it's really the first place you can call your own! While finding a house that you're really happy with is important, so is finding a good interest rate on that home mortgage. But if this is your first go-around, you may not be familiar with interest rates. How do you know what's considered a "good" interest rate if this is your first home mortgage?
We'd like to help you understand mortgage interest rates so that you can feel confident in your decision. Asking yourself these questions will help you determine whether or not you're receiving an interest rate that feels reasonable.