If you’ve heard of Zillow, and like it, then you need to check out FinestExpert.com. A guest post from Dr. Boyer, the article argues that one can’t simply look at interest rates when considering mortgages. Understanding other factors, like how long you intend to keep the loan, are required in order to make the right decision.
“How do I compare rates to find the best mortgage?” is often the first question people ask when considering mortgage refinancing or when looking at homes for sale as investment property, a second home, or primary residence. Industry standards are evolving but it is still difficult to compare mortgage interest rates on an apples-to-apples basis between different mortgage lender loan programs.
To compare home loan rates, it is important to compare the same type of bank mortgage loan program – e.g., start with a fixed mortgage and pick a 30 year mortgage or a 15 year mortgage. Then there are three keys to evaluate the best home mortgage loan for you.
