Check Mortgage Rates in your area for free!
No Personal Information Required!
How It Works:
- Start typing your address. Your address will populate while you type. Pick your address from the drop down.
- Tap "Check Local Rates". After you have selected your address from drop down. Tap "Check Local Rates" button.
- See your results. If you'd like to learn more you can submit your information for a free customized quote!
An economic crisis not experienced since the Great Recession of 2007-2008, the COVID-19 pandemic has resulted not only in hundreds of thousands of fatalities, but also business closures and extreme job losses that have put people’s financial stability in limbo. The pandemic has also had a drastic effect on mortgage rates across the country, but on an ironically positive note, it has affected real estate interest rates in favor of consumers.
As of the first weeks of July 2020, national mortgage rates hit a new record low, with economists expecting rates to continue to shift well into 2021, increasing over time as the world slowly adjusts to a new normal. On the other hand, the fluctuating market and potential for increased interest rates in the future as Covid-19 vaccinations begin ramping up for the majority of the US populace and a return to a more stabilized economy means that you might want to take advantage of the mortgage rates today if you’ve been considering whether to invest in property.
What’s more, as more properties are being added to the real estate market as the country slowly reopens and the new influx starts to help create the demand that has been missing over the last few months; mortgage rates will continue to reflect economic activity. Decreased rates, however, have led some lenders to raise credit score requirements in an effort to reduce their risk, which may make mortgages a bit difficult for borrowers with less than excellent credit.
That’s why using a mortgage rate comparison site such as RefiMatcher is vital to you finding the right loan and terms that you need – especially in these challenging times while the country starts to emerge from the coronavirus pandemic. Shopping around for quotes from multiple lenders is the most important thing to start off with if you are a mortgage applicant. When you search, customers should consider not only the interest rate they’re being quoted, but also all the other terms of the loan.
As a comprehensive comparison app, RefiMatcher also allows you to compare APRs, which include many additional costs of the mortgage not shown in the interest rate. That’s because some institutions may have lower closing costs than others, or your current bank may extend you a special offer, so keeping an eye out on the APR and understanding the variabilities between lenders on rates and terms will ensure you get the best deal.
Note that there is no obligation associated with this custom quote and you may opt out at any time.
RefiMatcher's mortgage calculator is powered by Zillow which compares current rate quotes from dozens of lenders. RefiMatcher will curate mortgage rates from different lenders tailored to your information. Just as long as you provide your details (where you live, what you’re looking to do, and your financial situation) as accurately as possible, RefiMatcher's team can provide you the best possible custom quotes so you can lock in your rate and be on your way to getting a new mortgage.
No Personal Information Required!
How It Works:
- Start typing your address. Your address will populate while you type. Pick your address from the drop down.
- Tap "Check Local Rates". After you have selected your address from drop down. Tap "Check Local Rates" button.
- See your results. If you'd like to learn more you can submit your information for a free customized quote!
An economic crisis not experienced since the Great Recession of 2007-2008, the COVID-19 pandemic has resulted not only in hundreds of thousands of fatalities, but also business closures and extreme job losses that have put people’s financial stability in limbo. The pandemic has also had a drastic effect on mortgage rates across the country, but on an ironically positive note, it has affected real estate interest rates in favor of consumers.
As of the first weeks of July 2020, national mortgage rates hit a new record low, with economists expecting rates to continue to shift well into 2021, increasing over time as the world slowly adjusts to a new normal. On the other hand, the fluctuating market and potential for increased interest rates in the future as Covid-19 vaccinations begin ramping up for the majority of the US populace and a return to a more stabilized economy means that you might want to take advantage of the mortgage rates today if you’ve been considering whether to invest in property.
What’s more, as more properties are being added to the real estate market as the country slowly reopens and the new influx starts to help create the demand that has been missing over the last few months; mortgage rates will continue to reflect economic activity. Decreased rates, however, have led some lenders to raise credit score requirements in an effort to reduce their risk, which may make mortgages a bit difficult for borrowers with less than excellent credit.
That’s why using a mortgage rate comparison site such as RefiMatcher is vital to you finding the right loan and terms that you need – especially in these challenging times while the country starts to emerge from the coronavirus pandemic. Shopping around for quotes from multiple lenders is the most important thing to start off with if you are a mortgage applicant. When you search, customers should consider not only the interest rate they’re being quoted, but also all the other terms of the loan.
As a comprehensive comparison app, RefiMatcher also allows you to compare APRs, which include many additional costs of the mortgage not shown in the interest rate. That’s because some institutions may have lower closing costs than others, or your current bank may extend you a special offer, so keeping an eye out on the APR and understanding the variabilities between lenders on rates and terms will ensure you get the best deal.
Note that there is no obligation associated with this custom quote and you may opt out at any time.
RefiMatcher's mortgage calculator is powered by Zillow which compares current rate quotes from dozens of lenders. RefiMatcher will curate mortgage rates from different lenders tailored to your information. Just as long as you provide your details (where you live, what you’re looking to do, and your financial situation) as accurately as possible, RefiMatcher's team can provide you the best possible custom quotes so you can lock in your rate and be on your way to getting a new mortgage.
