Use Online Rate Tables to Find Black Friday Deals on Mortgages All Year Long
(11/24/2010) Instead of camping out in front of stores this Black Friday, consider shopping online to snag the best deals. In addition to finding deals on your favorite clothes, books, and music, the Internet can also be the easiest way for you to skip the hassle and find the best mortgage rates. By using the tables on websites such as ERATE.com, you can quickly locate the best local mortgage rates with just the click of a mouse.
Since they're changing all the time, these rate tables are updated multiples times a day to keep up with changing mortgage rates. Also, by clicking the column titles, you can sort the information contained in these tables so you can quickly find the best deal depending on what your individual situation is.
In addition, many of the lenders featured on these tables offer rates well below the already low national average. The national average on a 30 year fixed rate mortgage currently stands at just 4.6%. Nonetheless, lenders such as Aimloan offer the same loan for 4.25% with 0 points.
Furthermore, these tables require absolutely no personal information, so you can keep your identity safe from potential theft while searching for low mortgage rates online.