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are the mortgage rates on zillow better than bankrate.com?

Contributions: 1

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I am trying to compare rates to find the best deal to refinance.

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March 18 - West Queen Anne

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Mary Miller, "MaryM"
Contributions: 60

Mary Miller, "MaryM"

Seattle, WA

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Good question. Mortgage rates on Zillow differ from rates reported elsewhere in many ways:

Up-to-the-second rates: Rates on Zillow reflect what consumers are getting RIGHT NOW, while others have pretty significant delays in their rate reporting. Yesterday's or last week's rates are insignificant, since borrowers can't get those rates today--they are gone.

Real rates: Rates on Zillow are from real quotes being given to borrowers. They are not just the typical “marketing rates” that are frequently published in newspapers and on many Web sites.

Best rate for you: Most importantly, you can shop for the best rate on Zillow Mortgage Marketplace, by anonymously submitting a loan request and instantly receiving lots of customized quotes from a network of thousands of lenders (not just 3 or 4).

Give it a try and see first-hand if the quotes you get on Zillow are better that what you can get elsewhere. And please report back here—we'd love to hear about your experience.

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March 19

whipsawfx
Contributions: 125

whipsawfx

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Yes, a lot better and you dont have to have a credit check to get a quote

http://www.zillow.com/mortgage/LoanRequest.htm

Also, when you actually get quotes from lenders, make sure you say you want it to be a "quotation check" on your credit report, then it wont impact your credit.
Good refinancing.

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March 18

bankerrateguy
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bankerrateguy

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bankrate rates are better

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March 18

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						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/15_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt2}" target="_blank" style="text-decoration:underline;color:#36b;">15 Year Fixed</a></div>
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