9 Secrets To Getting The Best Mortgage Rate
If you're looking to buy a home, one of the most important things to consider is the interest rate you will be charged on your mortgage. A higher interest rate means higher monthly payments, and a lower interest rate could save you thousands of dollars over the life of your loan.
So how can you get the best mortgage rate? Here are nine secrets to help you get the lowest rate possible:
Shop around. Get at least three quotes from different lenders before you commit to a mortgage. Compare not only the interest rates but also the fees, terms, and conditions of each offer.
Know your credit score. Your credit score is one of the key factors that lenders will consider when determining your mortgage rate. Check your credit report and score in advance so you know where you stand. Having ...