Rates Change Daily

Home Purchase Mortgage Rates move like stock prices and are changing all day, every day. The rates you see in the morning are gone by the afternoon and could be completely different by the next morning. Mortgage markets change. That’s what they do.

Rates Are Personal

Another thing to be mindful about is that home buying interest rates are personal. What we mean by that is not everyone qualifies for the same rate. And often more importantly, it’s not always the lowest rate that represents the largest savings and least cost.