If you’re anything like most buyers, you’re probably worried about getting a mortgage with a high interest rate.
Rates right now are higher than they’ve been in recent years, but that doesn’t mean that you’re stuck with a high rate!
There are several different strategies that you can use to lower your interest rate, but these three are my favourite!
- Be sure to pay off any current/outstanding debts.
- You should also definitely negotiate with different lenders to find one who will give you the best interest rate.
- Don't start/open any new loans/credit cards.