If you own a home you know that mortgage rates can be quite high. Finding Good Mortgage Rates is not easy to do. Sure you can refinance later, but still, the rates are tricky! That is why it is important to compare mortgage rates! Finding Good Mortgage Rates=No Fun!!
Finding Good Mortgage Rates=No Fun!!
When I do shop for mortgage rates, to compare, I like having sites I can visit that has all that info right in front of me. It is confusing enough as it is, to sort through those numbers!! Reverse Mortgages are another ballgame…
Let’s say you need to Find mortgage rates in Canada because you will be moving there shortly. What do you do? I would certainly go online and research before doing anything else. Home loans are no joke.
I usually let my hubby take care of the details, but I can certainly help out with the research. I remember growing up, my parents had to refinance their home. It was a messy ordeal, but they were able to secure a much better mortgage rate and save some money.
Finding a good bank is important too. One you can trust and who will work with you and answer all of your questions.
Free personalized loan quotes from reputable lenders are comforting and a company that will work with you and not against you. After all, no one likes secrets when it comes to their mortgage, right? I like lenders to be upfront and transparent.
Though finding good mortgage rates is really no fun at all, you should shop around, talk to lenders, and get the best rate/loan for you and your family.
Do your homework, research those rates and you will always come out ahead! Do you think Finding Good Mortgage Rates=No Fun?
Susan Marina Brown Lane says
Very informative. Numbers always give me a headache. We refinanced awhile back – VERY worth the trouble/effort.
Gianna says
It’s usually worth it for the money saved. We did it several years ago.
Buddy Garrett says
It is a great idea to shop around for a mortgage but if you read the contract you will see that the mortgage can be transferred to another lender. I didn’t read the contract and after a couple of months our mortgage was transferred to one of the largest lenders. We haven’t had nothing but trouble with this bank. If I ever get another mortgage I will make sure to put in the contract my mortgage can’t be transferred to this bank.
laurie says
I agree finding a good bank is important .
Christian Alejandro says
Too true! You’ve gotta suck it up and put in the time and work to get the most of the money you earn.
Jennifer Marie says
I too usually let hubby do this kind of work, but I think t is important to be involved and informed.
mary gardner says
great post. it is so important to do some research and find the best interest rate you can.
Carole Ingram says
It does pay to shop around but first I would make sure that your credit score and your credit doesn’t show any discrepancies, it does help a ton!!! Take the time to work on your credit score!
Sarah says
Good article. We’re looking at upsizing after our second arrives this holiday season and rates are still decent, but it can be such a stressful ordeal and I always second guess lenders, terms, etc hoping we didn’t overlook the best deal for us.
Laura Unger says
Research is definitely very important. We didn’t shop around when buying our first house because we thought all banks were pretty much the same, and that cost us big time. The second time around we did shop around as far as rates and fees go, but didn’t consider how banks handle situations differently and although it worked out ok, next time we would choose a different bank.
Beth Klocinski says
Good article. We should take advantage of good mortgage rates while they are available.
Sherry Conrad says
We went through a refi several years ago- didn’t save us any money monthly, but took 10 years off of our mortgage. Worth a look, at least.
Michele P. says
My rate isn’t terrible, but I would have liked to take advantage of an even lower rate. The mtg. co. though went bankrupt and I am not sure if the new company would let me refinance… may have to check it out since there are still some good rates out there.
Yona says
I have no interest in numbers or searching for mortgage information, but wish I did because I’d rather do my own research than have someone else do it.
Melissa L says
Thanks for the great advice. I also shopped around and did lots of research when I bought my home 🙂
Denise Taylor-Dennis says
It is definitely a good idea to shop around when you are trying to refinance.
shaunie says
everyone underestimates that finding a good mortage deal is important. this nformation is going to come in handy for me .. will be noting this
Tammy S says
These are some great tips. Getting a mortgage or refinancing is not fun at all but I think the most important part is working with a banker you trust. It takes a lot of the stress out of it.
Allie says
We just refinanced two years ago
Sarah Hirsch says
it’s definitely a good idea to shop around. you may be able to find a better rate than the first one quoted
Robert says
It seems that over time many things become easier and more streamlined. Sadly this is not one of those things.
Maria Iemma says
I am so glad that I am not on a mortgage quest. WHen we bought our house I found the whole process incredibly difficult and I suffered from a lot of anxiety at the time.
Natasha says
I refinanced about 2 years ago and it was really just a pain more than anything. Calling around getting quotes and numbers took quite a bit of time.
Brandy says
We just went through the home buying process, no fun at all. BUT the end result is great – having an asset and forever place for the fam!
Vickie Couturier says
Ill have to admit im good with money,,I did a lot of research before I ever do a mortgage,,I know what Im going after an not afraid to walk back out,,ive had several mortgages an paid them off early,,theres ways to knock years off a mortgaqge
Kelly Nicholson says
i dont have this problem yet,but thanks for the info
Rebecca Parsons says
One way I have found finding a good mortgage is asking around what people think of their mortgage lender and rates. I always feel it doesn’t hurt to ask because some people can either put you in the right direction or move you away from a certain lender.
Heidi says
I’m nervous to buy our first home! So far we’ve been renting and waiting for the right time.
Sarah L says
Research, research and research some more. Know what’s out there.
Janet W. says
It really does pay off in the long run to really do some research to find the best rates. It could save you thousands of dollars!
Karen Glatt says
It is so important to make sure to find the right mortgage lender to help you get the best deal. But you need to remember that our credit has a lot to do with getting a good rate on a mortgage. Young people need to know that mistakes made early in their lives can cause a lot of heartache later. I know that getting the best rate is so important in not having a high mortgage.
Cynthia R says
really important advise, afterall we are talking 15 or 30 years, even a small percent difference can mean tens of thousands!
Cheryl F. says
Good article with common-sense advice. I’m sure it’s not fun, but Scott has an excellent credit rating so he gets good offers.
Lisa Brown says
Great information. One day I will hopefully be in a position to buy a home and I will be well prepared for it. Thank you!
Leslie says
Blah, I need to shop around for refi rates. Putting off 😉
Billie @ Rowell Reviews says
Numbers make my head go wonky. It’s amazing I was able to make it through the process of buying a house at all. It’s so important to do your research. You’re totally right about picking a bank that you feel comfortable with, one that will answer questions and like in my case, hold my hand!