Article sponsored by Bankrate
This One Secret Mortgage Hack Will Expire In 2017
Home sales will accelerate, and a new president will occupy the Oval Office.
Those are two predictions we can make with confidence about 2017. As for mortgage rates, who knows?
The Brexit vote initially caused mortgage rates to fall drastically this year. And though we’re now seeing rates slowly starting to tick back up, they’re still at record lows.
So, what does this mean for people like you? It means now is the time for homeowners to take advantage of today’s cheap money while it’s still available.
Shop the Market or Give Money Away
Did you know 77% of borrowers only apply for a mortgage refinance program with a single lender or broker?* Big mistake. If you don’t shop around, you won’t know if you’re getting the best rate.
When homeowners take the time to research available home loan refinance programs on the web, they usually are surprised to find out they qualify for exceptional programs that have the big banks on edge.
The sooner you start the process of refinancing your home, the better. That's because of several little-known government programs. These programs allow Americans to refinance their homes at shockingly low interest rates, and dramatically reduce their payments.
But here's the catch - like most aggressive programs, this is likely temporary. So if the thought of a lower payment or fewer years on your mortgage sounds appealing, the time to act is right now.
Where to Find the Lowest Rates on Mortgages?
You won’t find the best mortgage rates just by searching around the internet and taking the first deal that appears…Many of the best mortgage bankers would rather keep the biggest discounts quiet so you pay the highest rates!
To save time and money you need to compare multiple lenders offering multiple terms all at once.
But there is a place where you can find incredible deals – all in one place.
And it’s risk-free to find out how much you could save, and the service is 100% free.
Let a website like BankRate.com do the work for you. Put in your city and loan amount and BankRate.com will quickly scan the best deals in your area. You’ll see all the possibilities available in seconds. You can find the perfect mortgage at the lowest rate.
Spending Less on Your House Means More Money Left Over
But remember, these low rates aren’t offered just anywhere and they may not last forever. In fact, mortgages change every day, so it is important that you submit your form to lock-in today’s best rate.
The rates on Bankrate are only advertised a few places online, so you probably won’t find the same rates anywhere else – no matter how many sites you check.
Yet I found this place where you can search deals from many mortgage bankers in one place.
Interested in the possibilities? Click here to compare now. Post a comment when you find a deal!
PS: Once you find the rate you like then make sure to completely fill out the form and submit. Rates are constantly changing and we don't want you to lose out on taking advantage of today’s free money while it is still available!
*Consumer Financial Protection Bureau, Sergei Kulaev, 01/13/15