Mortgage rates are crucial in the home buying process as they affect monthly mortgage payments and the total cost of homeownership. By understanding how these rates are set and taking steps to ...
That could be another driver of their higher homeownership rates, First American's deputy chief economist Odeta Kushi said "As these things—educational attainment, household income for women ...
Plus, the lender has programs that you can leverage to fine-tune your rate. The Pathway to Homeownership program could help you put up a bigger down payment, lowering your rate, for example.