"A low rate is a good thing. An all-around great loan is even better." - MR. COOPER
If you're like most homebuyers, you've been thinking about how you can get the best possible interest rate and APR on your mortgage. That's a wise instinct, though it's important to remember that your rate is just one part of your loan. This section will give you the lowdown on all things rate-related, except for why the percentage sign looks so funny. No one knows that.