Before deciding to buy a new home, you need to ask yourself how much can I borrow for a mortgage. After you have determined how much you can borrow for a mortgage, using mortgage rates predictions will allow you to determine if now is the right time to purchase your new home.
If you plan on refinancing your current mortgage, you need to know the steps to refinancing a mortgage. You can then use mortgage rates predictions to determine if you should refinance now or wait for mortgage rates to decline. This could save you thousands of dollars over the life of your mortgage.
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