Tuesday, November 1, 2011

Help with Higher Closing Cost

Some borrowers are choosing to accept higher interest rates rather than pay thousands of dollars in lender fees also known as closing cost. Depending on your purchasing goals; with interest rates still hovering around record lows paying higher rates to offset upfront cost may be worth exploring.
To read more about this subject follow the New York Times article link “Handling High Closing Cost”

Source: “Handling High Closing Costs,” The New York Times (Oct. 27, 2011)

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