Construction Loan Rates
Just like you have to think about how much you are going to borrow when considering a construction loan
, you need to consider the cost of construction loan, and this includes the average interest rate for construction loan. Unfortunately, the construction loan rates that you get can have a huge impact on how much you have to pay each month, so it’s important to take finding the right rate seriously. It’s also important to understand current construction loan rates and what can cause them to change.