Bankrate not really the best
You can find a lot of very good information on the Internet. Unfortunately, the interest rate information can be very misleading. There are so many factors that ultimately determine what interest rate you receive when applying for a loan. These factors include the loan amount, whether you are proving your income or you are stating your income and the level of the down payment.Some people start their shopping on the Internet. Unfortunately, quite often the rates you see are teaser rates, designed to get you in the door. I found an article about some issues that Bankrate.com has had recently.
A good rule of thumb is usually if it looks to good to be true...it is.
John Ballentine
posted by jkballentine @ 5:46 PM
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