Can I get a better mortgage deal?

Can I get a better mortgage deal?

Pay the largest deposit you can reasonably afford Your mortgage lender will also perceive you as less of a credit risk. In turn, you'll usually get a lower interest rate. Lenders tend to offer the best deals to those who put down 40% or more. However, you can usually find good deals with a deposit of 20% to 25%.

Which bank is offering the lowest mortgage rates?

Chase — Best for low mortgage rates on 15-year loans You're likely familiar with Chase Bank because they're massive, but you should also familiarize yourself with them because they offer some of the lowest mortgage rates on the market for 15-year fixed APRs.

Can you negotiate with mortgage lenders?

Each mortgage lender has its go-to third-party companies to assist with the loan transaction, and the fees they charge are fixed and non-negotiable. These are the services you can't negotiate: Appraisal fee: The cost associated with determining a home's value. Credit report fee: The cost to pull your credit history.