how can I find out who is offering the lowest mortgage rates right now?

Donna
Other/Just Looking
Syracuse, NY

Answers (5)
Paul Tarrats Jr.
Broker
Westchester County, NY

A better source is the New York Times, either newpaper or on-line. They update daily.

Web Reference: http://Paulmvpteam.com
Mon Jan 5 2009, 22:27
Carmen Di Biase
Agent
Rockland County, NY

Donna,

A good resource is: http://www.bankrate.com

Sun Jan 4 2009, 08:20
Bill Eckler-Flo...
Agent
Venice, FL

Hi Donna,

The best rates are available to those that are considered by lenders as the "best risk." Unfortunately, the best way to obtain first hand information involves you doing some leg work. We recommend contacting several lenders in your area.

A word of caution.....they will throw terms around that you will have no idea what they mean....slow them down and be sure they explain things clearly......and as always, if you don't understand something, ask questions. Many people make the mistake of not requesting clarifications.

Additionally, request a "good faith estimate" that you can present to other lenders for their response. Their response may be interesting.

Good luck,
The Eckler team

Sun Jan 4 2009, 06:35
Tom Mcgiveron
Agent
West Islip, NY

Donna - I used to live in Syracuse - well around there anyway - Baldwinsville, Liverpool - there was a great restaurant there....for the life of me I can't remember the name. I went to school at Oswego there.

Anyway - for the best rates - like Gail - I could recommend several mortgage bankers to you. How is your credit? Job history? etc...

good luck to you either way. Great book in references...

Sun Jan 4 2009, 06:00
Gail Gladstone,...
Agent
11743
FIRST ANSWER

I will be happy to refer you to several various sources...getting a mortgage involves more than looking for the lowest rates...many other issues involved that will ultimately affect what you are paying.

contact me offline at Gail@GailGladstone.com and I will be happy to help you source out.

Web Reference: http://GailGladstone.com
Sun Jan 4 2009, 05:32

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