Wholesale Mortgage Rate Peek!
By admin ~ December 5th, 2008. Filed under: Wholesale Mortgage Rates.
We have been asked several times what wholesale mortgage rates are and what percentage they are at. How LOW are they compared to what you end up with as a consumer?
Well, in the spirit of transparency, BeatMyBroker.com is going to start posting wholesale interest rates from various WHOLESALE lenders. These are not lenders you can work with directly. These will be rates from the wholesale channel. The lender names will not be disclosed, however you will be able to see how low they are to
give you a head start on your mortgage rate shopping.
Remember, these rates are not an offer to lend. They are going to be posted to give you, the consumer, an idea of how low interest rates might be. This is like being able to see the invoice cost of a car - well, that is if car invoices show the real cost of the vehicle.
Subscribe to the BeatMyBroker.com blog feed if you have not already done so. It’s easy and a lot of the rates that will be posted here are going to be real eye openers to those that are not being offered competitive mortgage rates.
