With so many different loan options and mortgage varieties out there, finding the package that’s right for you can be a difficult task. Every company in existence claims to have your best interest at heart and claims that their rates are the lowest. How would they compete otherwise?

 

The real trick here is to separate the contenders from the pretenders, and that’s not exactly easy to do. You have to consider the type of loan you want and also how the loan is going to change a few years down the road.

 

 So, for the sake of this article, let’s say that your goal is to either receive a 15-year or a 30-year fixed rate or an adjustable rate mortgage.

That’s four basic types, with countless variables depending on any one of a variety of factors, like your credit, down payment, home value, etc. Yeah, it gets tricky. But let’s just focus on who has the lowest mortgage interest rates right now.

 

In today’s modern age, you can handle a lot of loans via the Internet. This seems to be the case with MortgageLoan.com. Now, Mortgage Loan isn’t one of those heavily advertised lenders you’ll find on commercials and on city billboards, but they are offering interest rates as low as 2.375% on shorter-term options like a 15-year loan.

 

This means higher flat repayment rates too, but you have to realize that there’s a give-and-take. You have to decide if you can stomach interest for lower monthly payments which may be sporadic in nature, or if you’d rather have a lower interest rate that keeps your payments stable.
Lending Tree also has a few packages available with interest rates as low as 2.9% APR. Again, though, this does vary based on the type of package you want, your home’s value, your credit, and other factors.

 

Use these listed companies to fill out a free quote. You should find that they’re offering some of the lowest interest rates in the game.