they will offer you what they will offer you. Shop around. No one is required by law to give you anything at whet you want

How do you know what the current rate is?

Many people, with some hard work, can find the actual par rate on a mortgage note somewhere on internet.

However, most, if not nearly all folks who are not in the business, do not have any idea what the changes to that rate are.

For instance, there is a rate for a 30 yr. refinance. Are you taking cash out? Say you take cash out, that raises the rate.

Is the loan to value at 50%, 70%, 90%? Guess what, rate change!

Credit score? Is it above 680/700? Guess what, rate change.

Where is the property located? Texas, Florida, New York? BIG rate change. I’m not kidding.

So, truly, there are so many factors that go into an interest rate on a mortgage, it’s not even funny.

Good Luck, just keep in mind that there are truly a number of factors to consider.