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Shop Around for Different Loan Types. Some mortgage loans come with lower interest rates than do others. Lenders charge lower interest rates for 15-year fixed-rate mortgages than they do for 30.
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Digital mortgages are here – . chances of being approved and getting the best rates is to make the lenders compete for their business by shopping around." Dan Gilbert, chairman of Quicken Loans, the nation’s largest retail.
Throughout 2018, rates on 15-year fixed-rate mortgages have been about 60 basis points (0.6 of 1 percentage point) lower than rates on 30-year fixed-rate loans, according to Bankrate’s weekly.
How To Shop For Best Mortgage Rates – How To Shop For Best Mortgage Rates – If you are struggling with your mortgage payments and paying a high interest rate on your loan, it could be a good idea to refinance loan online.
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