EDMOND — Even with new legislation in place that provides a government-funded backstop for the troubled giants Fannie Mae and Freddie Mac, now may be the best time to lock in a home mortgage interest rate. Contrary to popular belief, getting a home mortgage is quite simple. All you need in order to make the right decision is to who where to look, what to look for, and what takes place when you apply for a home mortgage. Knowing what to expect, especially if you are a first-time homebuyer, may make it easier for you to get through the process.
