Lowest Mortgage Rates Made Accessible With Loan Love's New Live Rate Quote Tool

SAN DIEGO, Oct. 22, 2013 /PRNewswire-iReach/ -- LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in an easy to understand and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals and has the mission of helping consumers and borrowers to obtain the latest information on mortgage lending trends, the real estate market and the U.S. financial landscape in order to help them obtain a home loan that they will love. Loan borrowers can be at ease when searching for a desired mortgage loan with the current lowest mortgage rates circulating the mortgage loan market nowadays. Loan Love is seeking to provide readers with the most current and relevant news when finding the best possible loan products and providing loan borrowers with innovative features on their website like their new live rate quote tool.

Mortgage rates are now at their lowest they have been within the past four months as observed be the experts at LoanLove.com. Mortgage News Daily posted an article dated on October 18th with which they this to say about these mortgage interest rate lows: "Mortgage rates fell only slightly today, but with yesterday already near 4-month lows, today's moderate improvement makes it official--at least in terms of closing cost.  The actual interest rate that the best qualified buyers are likely to be quoted isn't any lower than the previous 4.25%  (best-execution).  The gains would instead be seen in the form of slightly lower closing costs, or slightly higher lender credit depending on the scenario. Very little happened today to inspire market movement.  There was no significant economic data and no surprising clues about Fed policy.  Before, during, and after the shutdown, we've maintained that bond markets are most intently focused on the official Employment Situation Report."

As stated, the current direction where interest rates is unclear. How the incoming jobs report will affect interest rates is yet to be determined if it will be good or bad for loan borrowers. However, loan borrowers who are satisfied with these current mortgage interest rates available can still find comfort with their mortgage planning by acting now and locking in interest rates for their mortgage loan. Those who do not lock in their interest rates now and try to settle for a chance of finding lower interest rates in the future may be putting themselves in risk with being faced with higher rates instead. Loan Love's live rate quote tool is one of many ways loan borrowers can seek out the best interest rates and apply for them when looking for a desirable mortgage loan.

The live rate quote tool allows borrowers to explore the option of finding dozens of the best lenders and comparing their mortgage loan products that fit their specified mortgage requirements. This allows loan borrowers to easily compare mortgage loan offerings without having to go through the hassle of sorting out each mortgage product one by one. This helpful tool will not only help borrowers find the best posted rate, but it also allows them to also find a loan that will offer the most benefits and savings in the long run. Along with the live rate quote tool is a guide from Loan Love which can assist borrowers with a few tips on what to look for when shopping and applying for the best loan.

For more information on how loan borrowers can compare the lowest mortgage rates with the live rate quote tool, please visit LoanLove.com.
 

Media Contact:Kevin Blue, LoanLove.com, 949-292-8401, contact@loanlove.com

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SOURCE LoanLove.com