Will changes in Washington affect your mortgage?
KXXV
and last updated 2021-01-18 19:59:59-05
WOODWAY,TX â If you re thinking of buying a home, no doubt you keep your eye on home mortgage interest rates.
Sam and Brianna Johnson walk their daughter through their new neighborhood almost every day.
Not long ago, they didn t think they could afford a neighborhood like the one where they now live in Woodway. That was actually one of the reasons we decided to buy. When we saw interest rates had just dropped dramatically, said Sam.
Interest rates.
That s what banks charge for using their money to do our business. Interest rates are largely set by the United States Government.