Mortgage interest rates are influenced by factors such as economic conditions, inflation, central bank policies, and bond market fluctuations. Lenders also consider borrower creditworthiness, loan term, down payment size, and loan-to-value ratio when determining interest rates. Monitoring market trends and maintaining a strong credit profile can help borrowers secure favorable interest rates when obtaining a mortgage.
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What factors influence mortgage interest rates?
What factors influence mortgage interest rates?
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What factors influence mortgage interest rates?
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