In today’s video I will discuss all the factors that affect the interest rate. There are basic rules which all lenders take into account that determine what your rate is going to be and what you will either pay for that rate or get (rebate) for that rate. These interest rate factors when understood will help you make a sound decision on your next transaction. If you are in the planning stages you will understand what you should focus on improving to get a solid rate when you are ready to buy your first home.Why is interest rate lower on a primary property vs. investment property?

Watch the video to find out! Like always, I love sharing content that is useful to you right now. Please share this with your friends and leave us feedback because we love to hear from you! Until next time…