Getting the lowest interest rate on mortgages

Getting the lowest interest rate on mortgages

Member since 2018 · 127 posts · 37 votes

Hi Guys,

I am a newbie and planning to purchase a single family or town home in Wilmington Delaware. I am looking at mortgage quotes from my banks and it seem the interest rates around 5%. I am planning to put 25% down and would like to here some tips from you guys on ways where I can get a loan for a 30 year fixed with low interest rate?

Buyan

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  • Cincinnati, OH · Member since 2016 · 146 posts · 104 votes
    8y

    Use a mortgage broker, they have a relationship with many different lenders, and will be able to get you the best rate. Even better news is they are generally paid from the bank's proceeds

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