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They will go up.

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16y ago

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Is there a cost savings to having fixed mortgage rates?

If the rates are down when you lock into a fixed mortgage rate, than yes, absolutely there are savings. If the rates are high, it's typically better to go with a variable mortgage rate.


Why did my mortgage go down?

Your mortgage may have gone down due to a decrease in interest rates, a change in the terms of your loan, or a reduction in your outstanding balance through regular payments.


Where can I compare mortgage rates?

To compare mortgage you can go to websites that have mortgage calculators, you would just search mortgage calculator. With a mortgage calculator you can easily compare mortgage rates.


Why did my mortgage payment go down?

Your mortgage payment may have gone down due to a decrease in interest rates, a change in your loan terms, or a reduction in property taxes or insurance costs.


What kind of home mortgage rates are there?

There are different rates depending on the institution you decide to go with. A mortgage broker can instruct you on what the rates are if you contact them.


Where can I compare mortgage refinancing rates?

Please go to www.bankrate.com/mortgage. There you will be able to compare the mortgage refinancing rates of several different companies.


Where can you get a list of bank mortgage rates?

You can get a list of bank mortgage rates directly from the bank that you want to work with. You can also get the current mortgage rate from a realtor, but these rates will change periodically.


Where can a person go online to calculate mortgage rates?

There are three major sites that someone can go to calculate mortgage rates on the web. These sites are Lending Tree, Quicken Loans, and Mortgage Calculator.


Will mortgage rates go below 2 in the near future?

It is difficult to predict with certainty, but it is unlikely that mortgage rates will go below 2 in the near future.


How can I find out what the mortgage interest rates are?

Go to http://www.bankrate.com/ and select the type of mortgage you're interested in. It will give you a spread of rates.


Where can I find US mortgage rates?

Please go to www.bankrate.com. There you will be able to find all the US Mortgage rates that are currently available for you.


When can you refinance a mortgage after purchase?

Yes! It is common to do so when your credit gets better or rates go down at least a full point.