🤔 Are you really getting the lowest interest rate? #mortgage #lender #realestate

Sean PanJun 16, 20220m 32s5.0K viewsScore 75
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Summary

AI-generated

This video highlights the importance of considering fees, specifically discount points, when comparing mortgage interest rates. It emphasizes that lenders who advertise low rates may offset them with additional fees, and advises asking for rates with no discount points to facilitate an apples-to-apples comparison.

Key insights

  • Inflation hit 8.6%, which is the highest it's been in a very long time.

Mistakes to avoid

  • Don't only focus on the advertised interest rate; always inquire about fees and discount points.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial