Houzz Logo Print

New shopping dilemma

2 months ago

We're in the process of purchasing a newly constructed home, with the closing date set for November. We are actively exploring our options from different lenders. So far, the highest interest rate we've been quoted is 7%. No one’s offering ARM. Now, we have a question regarding our loan shopping process: Is this 7% rate the best available option for us, or should we keep exploring?

Comments (2)