What are today’s rates? That is the question that I am asked the most by a borrower when I first talk to them. It is not a quick and easy answer because many people don’t realize what goes into a mortgage rate.
There are many factors that go into getting your buyer the best rate they qualify for including loan to value, credit score, property type, loan amount and several others. Check out this episode to learn more, and please use this as a tool to share with your buyers, to help them better understand what goes into quoting a rate.
You can also catch this and other Realtor tips on our YouTube channel at the links below!
Let us know if we can ever help you or buyers!