{"id":98,"date":"2014-01-13T21:47:36","date_gmt":"2014-01-13T21:47:36","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=98"},"modified":"2017-07-07T15:57:38","modified_gmt":"2017-07-07T19:57:38","slug":"how-does-the-interest-rate-factor-in-securing-a-mortgage-loan","status":"publish","type":"post","link":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/how-does-the-interest-rate-factor-in-securing-a-mortgage-loan\/","title":{"rendered":"How Does The Interest Rate Factor In Securing A Mortgage Loan?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 28px 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_0vqce9ni8z videoFoam=true\" style=\"height:100%;width:100%\">&nbsp;<\/div>\n<\/div>\n<\/div>\n<p>As you\u2019ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment.<br \/>\nInterest rates can fluctuate as you shop for a loan so ask lenders if they offer a rate &#8220;lock-in&#8221; which guarantees a specific interest rate for a certain period of time.<\/p>\n<p>Remember that a lender must disclose the Annual Percentage Rate (APR) of a loan to you. The APR shows the cost of a mortgage loan by expressing it in terms of a yearly interest rate. It is generally higher than the mortgage interest rate because it also includes the cost of points, mortgage insurance and other fees included in the loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; As you\u2019ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as you shop for a loan so ask lenders if they offer a rate &#8220;lock-in&#8221; which guarantees a specific interest rate for a certain period [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[21],"tags":[16],"_links":{"self":[{"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/posts\/98"}],"collection":[{"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/comments?post=98"}],"version-history":[{"count":1,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/posts\/98\/revisions"}],"predecessor-version":[{"id":4897,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/posts\/98\/revisions\/4897"}],"wp:attachment":[{"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/media?parent=98"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/categories?post=98"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/secure.titlecompanywebdesign.com\/landtitleofflorida\/wp-json\/wp\/v2\/tags?post=98"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}