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There are many factors that cause mortgage rates to move.
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What kind of mortgage has the best fixed rate, tracker, offset?
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How interest rates work on a mortgage. Average mortgage interest rate by state. How to read the average rate chart. Remember, your actual mortgage rate is based on a number of factors, including your credit this means your interest rate and monthly payments stay the same over the course of the entire loan. Principal, interest as the chart shows, each payment is $599.55, but the amount dedicated to principal and interest changes.
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The most important interest rate factors are the borrower's qualifications like personal credit score.
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