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The following will help your chances of getting a lower interest rate:

– Good credit score

– Strong employment history (at least 2 years of work with no gaps)

– As much savings as possible for a down payment. If you make a down payment of at least 20% of your home’s value, you won’t need to pay PMI.

– Consider different types of mortgages. For example, if you can afford higher monthly payments, a 15-year fixed mortgage term will have lower interest rates.

– Shop different lenders to compare rates