Repeat Homebuyers in Texas and Florida Get Lower Rates: Here’s Why
Repeat homebuyers averaged 6.35% mortgage rates versus 6.44% for first-timers. Credit scores and down payment size, not special discounts, drive the gap.
Tag down payment
Pay Off Debt or Save for a Bigger Down Payment? Here’s the Math for 2026
High-interest credit card debt at 20%+ costs more than a larger down payment saves. Paying it off first can boost your credit score and cut your mortgage rate by 0.25–0.50 percentage points.
How a Larger Down Payment Actually Lowers Your Mortgage Rate
Putting down 20% or more can trim your mortgage rate by 0.125%–0.5% per pricing tier — here's how LLPAs translate your down payment into real interest savings.