Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho July 20, 2022

Why Banks Don’t Always Give The Best Interest Rate

If you want to purchase a house, you will probably have to take out a mortgage. There are only a few people who have enough cash to purchase a house outright, so most will go to the bank for a loan. How do you know if the bank is giving you the best possible interest rate? Unfortunately, the bank does not always give you the best interest rate because the bank is looking for a way to make money. If they can get you to accept a higher interest rate, they will make more money on your home loan. … [Read more...]

Filed Under: Real Estate Tagged With: Bank Loans, Interest Rates, Real Estate

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