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Fixed mortgage rates to drop this year: forecast – Due to low government bond yields, the association is expecting the five-year qualifying mortgage rate to fall from 5.34 per cent in the first quarter of 2019, to 4.99 per cent in the second quarter,
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It’s best to compare official Loan Estimates from at least 3 different lenders to make sure you’re getting a competitive interest rate. Compare Fees. The mortgage rate isn’t the only factor when it comes to the cost of your home loan. Be sure to look at each lender’s fees and closing costs to fully assess the cost of the loan.
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It pays to shop around for mortgage rates. Get free and anonymous mortgage quotes from multiple lenders to find a competitive rate for your home loan.
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