Best Refi Rates Online
This is currently one of the best times in history to think about refinancing your mortgage.
Interest rates are currently near historical lows, and many experts expect that rates will begin to rise substantially over the coming years.
A low interest rate environment is obviously the best in which to lock in a low rate.
Refi rates are currently still quite low, but have been ticking higher over the past couple of weeks.
If you are thinking that now is the time to refinance your mortgage - I don't blame you.
But how, you may be asking, do I go about finding the lowest possible rates? This is obviously a good question - if you are going to go to the trouble of refinancing your mortgage, then you should obviously seek out the lowest possible rates with the most reputable companies.
There is a company that does all of the work for you - LendingTree.com.
LendingTree connects borrowers with lenders - here is how it works.
First off, LendingTree (which is a reputable online company that has been in business since 1996 and has thousands of employees) asks you for a small amount of information - information that banks and other lenders need to provide you with a quote.
After this process is done, LendingTree will match your information against the hundreds of lenders in their database. This process takes just a few seconds.
After LendingTree's computers have finished doing their work, you will be presented with a number of competing refi quotes.
These are no obligation quotes - you certainly do not have to go through with the process of refinancing your mortgage if you ask to receive quotes from major lenders. There is also no charge, and you can walk away from the process at any time.
LendingTree is 100% secure and has been used by millions upon millions of people.
If you are thinking about refinancing your mortgage (or just curious about how much a remortgage would cost), then I would highly recommend LendingTree.com.
Filed under: General Knowledge