Mortgage rates may be at an all time low, but there’s still a big difference between a 3 percent and 4 percent rate. We take a look at the factors that determine your mortgage rate and calculate how much you’ll pay. There’s a big difference in a 3% vs. a 4% mortgage rate. Read our article to see how different rates affect what you’ll pay long term.

The post How Much Does a 1% Difference in Your Mortgage Rate Matter? appeared first on Money Under 30.

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