Arizona Refinancing-Tips to find the best rate
May 6th, 2010 | by admin |Many of us are led to believe that our banks can give us the best mortgage rates. Unfortunately that is not true and due to a loophole banks don’t have to disclose any markups they do to our interest rates.
The best rate in the industry is a par rate or wholesale interest rate. This is not marked up to pad the pockets of your broker or lender. Experts say to work with a local broker that has an honest reputation. Some will tell you that they can not get you a wholesale rate. This is not true and an indicator that you need to talk to someone else.
Find tips on how to avoid costly markups and junk fees at AZ Refi Resources