How Mortgage Rates Work (and How to Get the Best One)

Rates 101

Mortgage rates are the interest you pay on your home loan—small changes mean big impacts. They shift with the economy, your credit, and loan details, but you can control more than you think.

What Moves the Needle

A stellar credit score (think 740+) and a 20% down payment snag lower rates. Loan type matters too—fixed rates stay steady, while adjustable ones fluctuate. Chestnut’s tech tracks current mortgage rates daily, finding you the best deal without the legwork.

The Savings Game

Drop from 4.5% to 3.5% on a $300,000 loan? That’s $200 less per month—$72,000 over 30 years. Our platform alerts you of those savings fast, dodging rate hikes others miss.

Chestnut’s Advantage

Traditional lenders lean on outdated systems while our proprietary tech analyzes options in real-time, delivering lower mortgage rates with less stress. With years of experience under our belt, we’ve mastered the art of saving you money.

Tips to Win

Boost your credit, shop at the right time, and let Chestnut do the rest. We cut the fat from the process, so you’re not overpaying or waiting. Ready for the best rate? Get your free quote now and see the Chestnut difference!