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Shopping For Best Mortgage Rates in California
I am interest in buying a single family house in California. I got pre-approved in 2019 in Placer County California which is near Sacramento. However, home prices have gone up and mortgage rates are double the rate it was in 2019. How can I shop for the best mortgage rates in California?
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2 Replies
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Many homebuyers in California are priced out of the housing market in most counties in the state. Between surging home prices, out of control inflation, and historic high mortgage rates, borrowers of home purchase and refinance loans should shop for the best mortgage rates in California. Not all mortgage lenders have the same rates and terms on FHA, VA, USDA, conventional, jumbo, and non-prime loans. Here is an informative blog about shopping for mortgage rates published on Gustan Cho Associates that folks may find it helpful when shopping for rates in California.
https://gustancho.com/shopping-for-best-mortgage-rates/
gustancho.com
Shopping For Best Mortgage Rates in California
When shopping for best mortgage rates in California, borrowers need to watch for lenders that bait and switch consumers from advertisements.
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LLPAs on high-balance loans are helfty