While many Americans may believe there's no way for them to feasibly get a mortgage rate below 4 percent with today's interest rates, there's still hope.While the housing market odds are still generally stacked against buyers, you could save more money with a sub 4 percent mortgage rate if you know where to negotiate and how to invest in your home, experts say.
A home that costs $450,000 might need a $100,000 payment, which is out of reach for many everyday Americans navigating inflation and general economic uncertainty.'It's a great deal in our current interest rate environment, but bear in mind you have to have substantial cash on hand to qualify for that lower rate,' Beene told Newsweek. 'Even if you did qualify, you still want to make sure the long-term math adds up for you.
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