Mortgage Reviews

Mortgage Rates

Before you start house hunting, find out how, when and where to get the best mortgage rates available. Arm yourself with expert advice on GOBankingRates before you make a down payment on your dream home.

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Financial Institutions

Banks, credit unions and credit card companies are a few of the many types of financial institutions you deal with every day. Find out how to get the most out of your local and national financial institutions.

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Interest Rates

Sometimes you want a high interest rate; sometimes you want a low interest rate. Find out when you can make interest rates work for you — such as in a high-yield savings account — and know when to be cautious of APRs.

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Personal Loans

You can take out a personal loan for just about anything, but that doesn’t mean that you should. Find out if this is the best choice for your financial situation and create a payoff plan before you borrow.

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Understanding Mortgages

Finding a low-rate mortgage loan with the terms you want can be overwhelming, especially if you don’t know where to look. Luckily, GOBankingRates conducts surveys and posts articles to help you find the best loan rates in your state.

On our site, you’ll find helpful mortgage reviews from banks, credit unions and other lenders, as well as studies showing the states and cities with the best loan rates. So whether you’re buying your first owner-occupied home, an income property or a flip, we’ve got the information you need.

Securing a Low Rate

While your local economy might affect your rates in a way you can’t control, there are a few ways you can work to lower your interest rate.

1. Provide a solid down payment. The more you can put down, the more lenders will trust your investment in the loan, and you’ll be more likely to be rewarded with lowered rates.

2. Maintain high credit. Keeping your credit score high will prove to lenders that you are a dependable borrower, and they will most likely reflect their trust in you with a lower rate.

3. Refinance your existing loan for a lower rate. If you acquired a loan for a rate that is higher than the current rate, you should consider refinancing. If you can get a lower interest rate, your monthly payment can be reduced, and you might find you have more equity than you originally thought.

For more helpful tips on finding the best home loans in your area, browse GOBankingRates’ mortgage reviews.