👉 Surely, 'mortgage today rate' is a term used to express how much interest you will pay on your mortgage payment today. This phrase implies that the borrower will owe more money than what they would have if they paid off their loan earlier.
For an edgy or unsettling example sentence: "I just found out my new apartment will cost me $50,000 less in interest rates than I expected! That's a major savings on my monthly mortgage payment." This sentence is a direct attack at the financial implications of not paying on time and highlights how much more you'll be paying.
