What Happens to Your Mortgage Rate When You Buy a Fixer-Upper

Fixer-uppers typically carry rates 0.25%–1.0% above standard loans. Here's what drives that premium and how renovation loans can help you close the gap.

Fixer-uppers typically carry rates 0.25%–1.0% above standard loans. Here's what drives that premium and how renovation loans can help you close the gap.