Let’s revisit this chart & show you how we are consistently better than the competition
Mortgage rates dropped over 1% from Halloween to Thanksgiving, making it the best winning streak for rates this year. During that same time period, our lenders dropped their rates by nearly 1.5%, making ours some of the lowest around!
As a mortgage broker, we have the ability to secure the best rates offered by our wide array of wholesale lenders. This means the rate we find for you is generally lower than anything else you may find at a traditional retail bank.
Here is a chart showing how our 30-yr fixed rates* recently compared to the industry at large. The blue line is the Mortgage News Daily Index, a broad sample of rates offered by various mortgage companies, while our available rates are shown on the orange line. You can see our rates have been consistently lower than the industry index, on average, by .23%.
We love doing business as a mortgage broker because we can find the best rates around. We never work with just one bank, because banks are always changing their rates. Sometimes one is overwhelmed so they raise rates to intentionally push business away. Other times they have a “sale” and discount their rates more than others. Our job is to find those opportunities to get you the best interest rate possible.
And what’s even better is you do not pay us for our services; the lender does! When you combine our experience & service with great interest rates, you get the best of all worlds! If you or someone you know has been waiting for a rate decrease to refinance or purchase a home, give me a call.