Here's Why It Could Pay to Accept a Mortgage Offer With a Higher Interest Rate

Here's Why It Could Pay to Accept a Mortgage Offer With a Higher Interest Rate

Each mortgage lender is unique, so you may find a range of interest rates attached to your home loan offers. Now, you might assume that when comparing offers, it pays to go with the lender that has the lowest interest rate. You'll also be on the hook for closing costs -- the various fees required to finalize a mortgage.