Saturday, February 18, 2017

Lowest Mortgage Rates

Posted by Timmy
Just like anything else, the best way to find the best mortgage rate is to shop around and see what banks are offering.  By and large, the mortgage rates will be similar since they are based on the federal reserve rates.  However, you can still save a bit here and there and get a little bit lower of a rate.  After all, a seemingly small difference of a quarter of a percent can translate into a lot of money when you have a few hundred thousand dollar mortgage note.

Some banks also offer discounts if you have multiple accounts with them or if you arrange for automatic mortgage payments to be made out of certain accounts at the bank.  It is certainly worth asking the bank about since it can mean REAL savings.  Also take a look at comparison websites such as bankrate.com.

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