Low Mortage Interest Rates
Mortgage rates have fallen over the past year, and rates on our site continue to be more than 2 percentage points lower than posted bank rates. On a $400,000 mortgage, that average difference in rates would result in more than $100,000 of savings over the life of your loan.
Cheaper mortgages are usually a boon to the housing market. But this year, a sharp drop in mortgage rates hasn't provided much of a lift, and.