
Many experts have suggested that you should always shop and compare mortgage loan rates before you decide to buy. This process might require a lot of time but is a proven method to get lower or better mortgage loan rates. Reports from the Consumer Financial Protection Bureau suggest that a borrower on average can save about $300 every year by comparing offers from 3 lenders.
Negotiating can help you acquire an even lower mortgage rate and thus you can save thousands of dollars by comparing mortgage loan rates.