One of the (few) good things to come out of the sub-prime credit mess is a lower interest rate.
With interest rates at their lowest in years, now maybe the time to re-finance or take out that second mortgage.
The Mortgage Professor has a FREE online tool to compare wholesale mortgage rates.
Simply select your geographic area, and time period to look at. Choose whether you want your data in chart or table format, and what kind of mortgage you want to look at.
You can further sort the results by FICO score , loan purpose, loan size, type of documentation, or size of down payment.
This is an easy way to compare mortgage rates, and find out how strong you have to be to get them. Or simply use it to see how much of a markup your broker is charging.
So take a quick look at the Mortgage Professor to see and compare today's mortgage rates.
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