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Getting a lower home mortgage rate is a numbers game worth playing, according to Realtor.com. Their chief economist, Jonathan Smoke, explains why house hunters should take the Moneyball approach to scoring a lower home mortgage rate. Not only does the interest you pay on your mortgage impact your monthly payment, but the rate ultimately determines how much house you can afford. Smoke says there are seven data-driven metrics you should pay attention to in order to get the most competitive rate. … [Read more...]