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Compare The Best Mortgage Rates | MoneySuperMarket – Mortgage rates are the rate of interest charged on a mortgage. They are determined by the lender in most cases, and can be either fixed, where they remain the same for the term of the mortgage, or variable, where they fluctuate with a benchmark interest rate.
So, what is the best way to compare loans among different lenders? First of all when you compare different lenders you should compare loan products of the same type (e.g. 30-year fixed). It does not make sense to compare different types of loan programs (e.g. 30-year fixed vs. 15-year fixed, or fixed vs. adjustable).
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Compare Mortgage Rates with GoCompare – You can apply for a mortgage from a bank, building society, or specialist mortgage lender. How can we help with your mortgage? Whether you’re buying your first home, moving to a new house or re-mortgaging, compare mortgages to find the right deal for you.
Another factor in the risked-based pricing lenders use: Your interest rate will generally be higher on an investment property than on an owner-occupied home. That’s a good reason to use our mortgage.