Mortgage Rate

Libby Guthrie, REALTOR®

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Mortgage Rate

Categories: Financing Home Buyers
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What is a Mortgage Rate?

The interest rate on a mortgage loan you pay to borrow that money when buying a home.

The lower the rate, the better.

BTW, the “t” is silent, so pronounce it “morgage”.

 

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Posted by Libby Guthrie
Tags: Homebuyer Terms, Mortgage, Real Estate Terms

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About the Author

Libby Guthrie, REALTOR®

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Howdy! I'm Libby Guthrie. I'll be your guide to real estate in the Greater Knoxville TN area. Whether you're buying, selling, or you just want to learn a little about real estate, you're in the right place!

I've been working in real estate for over 30 years, and have been the agent in over 1400 transactions, so I know I can help you too!

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