Bailey Harris's Blog – June 2011 Archive (1)

The fact that you are seeking a loan for a new home may cause a lot of anxiety. After all it's a big purchase, and the monthly mortgage payments are of great concern. You want to be able to keep them as low as possible. Although you're aware that not every mortgage carries the same interest rate you aren't really sure why. There may be many causes. One is the fact that your credit score affects mortgage interest rates.

How a Loan Works

When you want to borrow money for a…