Answers

How can you know if you have the best mortgage rate offer for your home?

For example, what tells me if someone else with the same financial profile didn't have a better rate?

Best Answer:

There is no for sure way to know this. You can look up interest rates for the type of loan you are seeking and see if they are close to yours based on whether you have great credit or not. Again mortgage quotes is the way to comparison shop.

Answers:

The Rabbi - 2007-03-23 11:05:52
You can shop mortgages online.

runtorome - 2007-03-23 11:16:05
Use a mortgage broker. You answer all the same questions, show the same docs, but the mortgage companies pay them to bring in clients so it's free to you and much less work than shopping around. If you don't like the offer you can still shop around. And if rates get better before the date your mortgage is renewed, you get the best rate.