08/15/2023
Did you know…
If you go to Google and do a search for mortgage rates, it will show and average live search of rates in every market. The really nice thing about this tool is these are true rates before any buydown is considered and is always way more accurate than the rate that the news likes to report.
I also like that it has a way to look at credit scores and down payment which is always a factor in determining mortgage rates.
They get this directly from the CFPB so it's pretty accurate. So, when someone claims they are getting a 4%, 5%, or 6% rate, know they are paying a lot of money for that rate.
Also, second fun fact, I can in nearly all cases, beat the rate that Google is showing. :)
