We were giving the enviable task of stating our opinion on whether we would prefer a lower interest rate or lower closing costs? HMMMMM! Based on our knowledge and with help from the great resources at Personal Home Loan Mortgages here is our response:
Each scenario is different and requires some careful planning, and help of the advise of a qualified real estate professional which can be found at Personal Home Loan Mortgages. Remember that the lender in most cases is trying to make additional percentages on a loan, so they may not be steering you in the direction that is best for you. Do your homework, and your next home purchase can be financially and emotionally rewarding experience.