The Heat is ON

This has been a very volatile week for mortgage interest rates and buyers are feeling the heat. We have enjoyed such great rates but that is coming to an end. The rate you pay will impact your buying power and your monthly payment will increase very quickly. If I had to pick I would say rate trumps price when it comes to over all expense. You are better paying a little more for the house but getting a lower rate. There is a mortgage calculator on my website - compare for yourself. denisekopaszbroker.com