The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: ecmcn on May 08, 2015, 04:35:39 PM

Title: Finding a good mortgage
Post by: ecmcn on May 08, 2015, 04:35:39 PM
I'm looking for advice on finding a low mortgage rate, whether through a broker, online or wherever. In my pre-Mustachian days I took the lazy route and did a little comparison shopping and actually managed a couple of refi's, but now I'd like to put some real effort into finding the best rate. I know many of you have thoroughly researched this one - can you give me any advice?

We've got a great credit score and income, $390k left on a 30-year fixed at 4.125%, and our house is worth about $600k. Looking for another 30-year fixed. I don't think our current rate is bad, but after MMM's SoFi article I got a quote from them at 3.995%, which would save about $130/mo, better than most of the money-saving tweaks we're making in our lives these days.