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Mortgage Borrowers Should Know Their Rates

Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market.

Yet nearly three-in-10 mortgage borrowers (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by Bankrate.

This is a big problem, says Martin Choy, operations manager at Westwood Mortgage in Seattle.


Source: mortgagedaily.com