Shoprate.com's New Mortgage Interest Rate Table Helps Consumers Find Up-to-Date Rates

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To help consumers find the lowest mortgage rates in their area, Shoprate.com has developed a new mortgage interest rate table. This feature allows consumers to select the state, loan type and loan amount in which they are interested, and then view a full list of nearby loan providers. Consumers can even narrow down their results by city, type (fixed, adjustable, FHA or VA) and term.

Recently overhauled Shoprate.com, an Internet marketplace dedicated to connecting visitors with a trusted network of lenders, continues its user-friendly mission with a new mortgage interest rate table that makes rate shopping as easy as pushing a button. Consumers can select the state, loan amount and loan type in which they are interested, and then peruse an extensive list of loan providers.

"Shoprate.com's new rate table allows anyone to easily compare mortgage rates in their area. It doesn't matter if they plan to purchase a manufactured home in California or a super-mansion in Iowa," mortgage expert and Shoprate.com Spokesperson, Liz Freeman said. "It only takes a couple of clicks and no personal information is required."

Shoprate.com's rate table is easy to use. Either click the "Mortgage Rates" tab near the top of the page or input the property state, desired loan amount and loan type right on the home page form and click "Submit." Consumers can also access the rate table directly at this address: http://www.shoprate.com/rates

Finding and funding a mortgage isn't what it used to be. One look at a Fannie Mae or Freddie Mac Web site can confirm that. The new loan level pricing adjustment tables, confusing underwriting requirements and extraordinary new legal ins-and-outs have even seasoned loan officers reaching for their aspirin bottles.

About Shoprate.com:
Shoprate.com is a trusted resource where consumers can compare mortgage rates, read expert advice and analyze data before making financial decisions. The site's renewed focus on high quality content and usability has allowed Shoprate.com to become an online leader in mortgage, home equity and refinancing information. Follow Shoprate.com on Twitter, http://www.twitter.com/shoprate

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Liz Freeman
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