3 Reasons Why an Appraisal Comes in Low
Boston Appraisal
NOVEMBER 6, 2020
As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. If you decide to take advantage of these all-time low rates, your lender will most likely order an appraisal. What happens if the new appraisal is less than original one? Reason #2: Lack of Market Data.
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