Mortgage rates hit new low [NAMABLOG.blogspot.com]
PropertySold.ca Mortgage Agent Abraham Niyazi discusses "How to get the lowest mortgage rate in Canada". You can save thousands of dollars in interest by getting a low mortgage rate. Abraham works with 25 different banks to make sure that his clients get a low mortgage rate. His service is available throughout Canada, excluding Quebec. He suggest that in order to get a low rate, a buyer can go to multiple banks and ask for the lowest rate, or they can choose a Mortgage Agent and have the Mortage Agent work to get the lowest mortgage rate.
mortgagedealstips.blogspot.com How To Get The "Lowest Mortgage Rate" in Canada
WASHINGTON -- The average U.S. rate on a 30-year fixed mortgage fell this week to a record low for the seventh time in eight weeks. Mortgage rates hit new low
Question by marlasobbing: How do I get the lowest mortgage rate? I'm trying to get a mortgage in Florida. I have a credit score of over 800. Is there a seach engine where I can find what bank has the lowest rate? Best answer for How do I get the lowest mortgage rate?:
Answer by atotalsecretmailbox
Bankrate.com
Answer by Scott D
using search engines open you up to a lot of marketing and sales calls. Those companies "sell" your info to mortgage brokers ( stay away from brokers ) If you have a 800 credit score you should be abe to go to your local bank and discuss your short and long term plans. Sometimes a lower rate may not give you any savings. you need to determine the cost of refinancing, how long you think you will stay in the home, what your monthly savings will be and cant you invest the the money you spend on closing cost on something else for a greater return.....but i promise, if you use the internet search you will regret it...
Answer by PI
Scott D's advise about using the Internet is good. Meantime, before going to a bank you should check how much you can put down against the loan. You'll need at least 25% to help the bank feel comfortable under present circumstances. In return, you should achieve a reasonable rate but, for the very best rates, be prepared to place 40% on the table and push hard against whatever rate they offer. If needs be, shop around. Do not be fobbed off. With an 800 Credit Rating and either of the above percentages you shouldn't have too much difficulty even in today's market. Very best of good fortune to you and don't forget to find yourself a good Realtor to negotiate a low, low price on the properties you view. Check his or her testimonials and work clsoely with them to ensure you get the very best deal on the home too...
