Interest rates going up?
My sister has been looking to buy a house since the 2005. The problem is, house prices in New York are astronomical being remnants of the housing boom. Interest rates have not really gone up that much but it has gone up. If you are looking for a house that costs $750K or more, you better be sure that you at least sift through and find a mortgage with the best interest rates | best mortgage rates to help you make your monthly mortgage manageable.
I went through this when I purchased my home during the year 2000. Lucky for me, the house prices back then were still reasonable. But, I still had to shop for a good mortgage with the best interest rate I could find. I told her to search over the internet for sites that do rate comparison for mortgages. One suggestion I made was to look into Shoprate.com.
ShopRate.com is an internet marketplace dedicated to connecting consumers with quality lenders. We are a trusted resource where consumers can compare mortgage rates before you make your decision. We strive to provide consumers an excellent online experience and to make it easy to make educated financial decisions.
The good news! She found a house in Maryland and have decided to move there. The best thing is, ShopRate.com is an online destination that provides consumers with local mortgage rates in their area direct from lenders. Even though she is from New York, the ebsite is still helpful because it will work with local mortgage lenders from Maryland. Now, tell me if that isn’t awesome.
