MarketplaceBankrate MortgagePosted on March 23, 2010. What is the problem with mortgage rates posted on Yahoo Finance or Bankrate? It seems that when I called to inquire about these deals (for example, really low rates with 0 points), I always said something like: "Well, the deal is something each other. "How can I get a mortgage online exact citation of these sites? Or is it impossible to get an accurate quote without contacting the companies directly? This is an example of how the lenders try to get the business people like you. They Advertisement low, but if you call them, this rate is not for you, because your credit is not good or if you do not have enough equity or down payment. Each customer is different and these low rates are reserved for the best customers, or are not available now because the market changes and interest rates rise (sometimes they change 3 times a day). Please be cautious about applaing for the loan on the Internet, because if you put your info you will be bombarded with emails and phone calls from various lenders. My notice of appeal to the local bank or broker to determine the rate of your situation and they will be more like you explain why this or that. To be honest, trying to get a quote online is useless. Without someone asking you specific questions, use of your credit, knowing your income, assets and liabilities, there is no way for them to give you an accurate quote. The best way is just to call around to local dealers in your area. More such deals are usually found online too good to be true and come with hidden fees or costs. It is much easier and better for you to work with someone you can meet and talk face to face with, it makes the process easier and less stressful. More generally local brokers can still give the same case that one of these national companies can offer if you are looking for a bit. My boyfriend sends me the rates and updated every market day Michael A. 858.442.2686 or 858.200.9602 Deery CommentsThere are no comments.Leave a Comment | Newest My Friends |