15 year mortgage first time buyer

mortgage rates first-time homebuyer — Photo by Kindel Media on Pexels

Experts Warn: Mortgage Rates Surprise First‑Time Buyers

First-time buyers can save up to $30,000 in interest by choosing a 15-year mortgage when rates dip to 6.49%, and the lower monthly payment improves affordability. When rates hit a four-week low, lenders often lock in the price for weeks, giving new buyers a cushion against the volatility