The truth about mortgage rates
Mortgage rates DO NOT rise or fall.
The full range of rates is always available, and instead the price of each rate changes daily based on the trading of individual mortgage bonds.
The LendZen Index tracks the price of each mortgage rate across a spectrum of publicly traded MBS.
This provides a clearer picture of how the cost to obtain a mortgage has changed, regardless of the lender, rate, or borrower credit score.
Verifiable mortgage rate data you can trust
The mortgage industry thrives by keeping consumers in a veil of confusion - perpetuating the myth that mortgage rates rise or fall is one of their most potent weapons.
The LendZen Index pulls back the curtain to reveal the truth about mortgage rates and empowers consumers with verifiable mortgage rate data.
Whether you are shopping for a mortgage, a data junkie looking for reliable insights, or just a casual observer, the LendZen Index provides daily intel sourced directly from the market securities that drive mortgage rate prices for the entire industry.
Meanwhile, the “daily average” indexes use flawed methodologies, based on unverifiable data, that lack the integrity necessary to identify current trends and historic patterns.
Therefore, when you are ready to take your knowledge about mortgage rates beyond the water cooler, click SUBSCRIBE to get the LendZen Index delivered to your inbox daily.
Mortgage Automation
In addition to the insights provided by the LendZen Index you can also check real-time mortgage rates without any human interaction.
LendZen.com (NMLS# 375788) provides a fully automated mortgage shopping experience that gives you anonymous access to all mortgage rates with full transparency of costs upfront as bond prices change.
This eliminates the need for the salespeople who make mortgages so expensive at other lenders.
