Heads up, StreetEasy users: You can now get real-time mortgage rates as you shop for homes.
Starting today, home shoppers and homeowners will have access to real-time mortgage rates on every sales listing on StreetEasy’s desktop and mobile Web sites. This innovative mortgage shopping experience is powered by Zillow Mortgage Marketplace, which, like StreetEasy, is part of the Zillow, Inc., family of brands.
In case you haven’t heard of Zillow Mortgage Marketplace, it is an open and transparent lending marketplace where borrowers can connect anonymously with confirmed lenders to get the lowest mortgage rates. You can submit loan requests anonymously and your contact info will not be sold or shared with lenders. Once you submit a loan request (no personally identifiable information such as name, contact information or Social Security number is required), and then receive loan rates, you decide which lender to contact and when — they cannot contact you. You’ll get, on average, more than 30 accurate home loan quotes, from hundreds of lenders nationwide. You’ll also get tools to compare quotes based on the criteria that are most important to you such as APR, rate, lender fees, lender ratings or monthly payment.
To access these new tools, roll over the “Estimated Payment” link beneath the listing price of a home to see a breakdown of the monthly payment based on real-time mortgage rates in New York City. The breakdown includes down payment, total mortgage amount, monthly maintenance fees for co-ops or common charges and monthly taxes for condos. You can also click “See Current Rates,” to start comparing personalized loan quotes and view lender reviews instantly.
In addition to shopping for purchase loans, StreetEasy users will also be able to shop for refinance loans including refinance loans utilizing the Home Affordable Refinance Program (HARP) or the FHA Streamline Refinance program for underwater borrowers.