‘Dating the rate’ misled borrowers. Now they’re financially strained

“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels with and worry about their interest rate down the line. Borrowers who were accustomed to rates hovering near 3% didn’t realize […]

‘Dating the rate’ misled borrowers. Now they’re financially strained Read More »