Of course, we’d only recommend Rocket to those who are comfortable using its online application processes. So, is this all-digital lender really worth it? Its satisfaction scores suggest that current customers don’t have much to complain about. Rocket Mortgage describes itself this way: “If you don’t have the patience for banks and want a fast, convenient way to see your mortgage options, you should give Rocket Mortgage a try.” This can offer additional peace of mind when house-hunting in a rising-rate environment. But if rates rise, their rate won’t increase. If rates fall during that time, the borrower can drop their rate once. Rocket’s RateShield allows home buyers to lock their preapproved interest rate for up to 90 days while they shop for a home. One benefit of working with Rocket Mortgage is that it offers 90-day rate lock protection through its RateShield program. Then compare the interest rates, closing costs, and other fees you’re offered to see which lender can give you the best deal. Instead, pick three to five lenders you’re interested in and get rate quotes from each one.
That means you shouldn’t take average rates (or advertised rates) at face value. Your own rate depends on factors like your credit score, down payment, loan type, and home price. Remember that interest rates vary a lot by customer. Average 30-year mortgage rates at major lendersĪverage rate and fee data are sourced from public records required by the Home Mortgage Disclosure Act (HMDA). In 2021 - the most recent data available - Rocket Mortgage rates were slightly lower, on average, than the interest rates of some top competitors. Is Rocket Mortgage the best lender for you?.Mortgage loan products at Rocket Mortgage.Rocket Mortgage customer service reviews.
0 kommentar(er)
