Home
Ask Kate
Best Rate Blog
Compare Rates
Locking Rates
Lender Directory
Mortgage Leads
Free Calculator
Refinance Info
Home Buying
PMI Solutions
Turbo Tips
Loan Programs
Meet Kate
My Story
Credit Matters
Loan Modification
FHA Improved
Reverse Mortgage
Compare Lenders
Breaking News
1001 Answers
Free Blog Widget
Kate's Ballyhoo

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Add to Newsgator
Subscribe with Bloglines

Save Money - Compare Mortgage Interest Rates - Best Deal For Your Mortgage

I know how confusing it can be to compare mortgage interest rates, trying to save money. That's because the lowest mortgage rate is not always your best deal.

Check It Out! Current Mortgage Rates No more hunting through confusing websites. Stay up to date the easy way.
My daughter called last night to ask for refinance advice. She could drop her interest rate over 1% but the cost to refinance was more than $15,000. Another lender suggested she refinance with no closing costs. Her interest rate wouldn't come down as much but there would be no cost to refinance.

Save Money - Compare Mortgage Interest Rates

Mom, she asked, please help me compare mortgage interest rates. Am I saving money by spending $15,000 to get a lower rate? Or is a refinance with no closing costs a better deal even though the rate is a little higher?

How do I choose the best deal for my mortgage?

Decide What Saving Money Means To You

Hi, my name is Kate and I'm a retired mortgage broker. For over 20 years, I helped thousands of people refinance. I taught my clients how to compare mortgage interest rates and how to get the best deal for their mortgage. But some people did not start out knowing why they wanted to refinance and knowing why makes all the difference.

The first step to comparing rates and saving money is knowing why you want to refinance. To save money means different things to different people. What does saving money mean to you?

For some, saving money means a lower monthly payment. For others, it's a refinance with no closing costs. Some people are content with a higher payment in order to get cash back from their refinance.

Choose The Best Deal For Your Mortgage

Choose which of the following is most important to you...

  • I want the lowest interest rate, or
  • I want cash out to pay off debts, or
  • I want a refinance with no closing costs, or
  • I want the lowest monthly payment

Your first step to comparing mortgage interest rates is to decide what saving money means to you. Then it's easy to determine the best deal for your mortgage because you know what want.


Tip: You can also use this toolbar to search. Enter your subject and you'll be instantly guided to the information you're seeking.

Custom Search

And by the way, my daughter decided to NOT refinance. She plans to sell the home in 2 or 3 more years. So, the best deal for her was to keep the mortgage she has right now. Saving money, to her, turned out to be not refinancing at all!

  • Print this Page

Go ahead and bookmark this page. This way you can easily return to review the keys to save money and find the best deal for your mortgage.

Kate's Blog is here. Keep up to date on what's new about mortgages and additional tips to save money and compare mortgage interest rates.

Valuable Resource For My Home Buyers and Homeowners

SBI - A Fresh And Innovative Way To Create More Income
Kate's personal story of building this website

Don't Miss A Word Of This
More Unique Mortgage Tips From Kate

Free Online Mortgage Advice...Become A Savvy Mortgage Shopper

Best Mortgage Advice

How Much In A Mortgage Can I Afford?

Mortgage Pre Approval - Home Buying The Easy Way

Reducing Mortgage Closing Costs - Little Known Secrets

Kate's Mortgage Rate Lock Guarantee

HOME TO Best Mortgage Rate

TOP OF Compare Mortgage Interest Rates


Tip: You can also use this toolbar to search. Enter your subject and you'll be instantly guided to the information you're seeking.

Custom Search


Page copy protected against web site content infringement by Copyscape


footer for compare mortgage interest rates page