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5 ways to get the best mortgage deal

5 ways to get the best mortgage deal
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5 ways to get the best mortgage deal

It's much tougher to get a home loan these days. Lenders now are required to perform more due diligence on mortgage borrowers than in the past. And thanks to the Great Recession, many mortgage shoppers may struggle to pass these stricter tests.

But that doesn't mean you have to give up hope. Following are five expert suggestions to improve the odds of getting a loan at the best mortgage rate.


 

 

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.60% 3.52%
15 yr fixed mtg
2.74% 2.71%
5/1 ARM
2.54% 2.57%
30 yr fixed mtg refi
3.58% 3.50%
View rates in your area:
 

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At the start of the traditional buying season, housing news is mixed.
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