Credit union mortgage rates?

In general, are credit union mortgage rates better than banks and brokers? yes or no - Thanks

Credit union mortgage rates?credit check

Going to a broker you will always have a lower rate. Banks and credit unions pay a salary to those working for them. They make that money by having the higher rates. The best bet would be to shop around. I work at a mortgage company and have worked with the credit union here so I know the difference in rate is there.

Credit union mortgage rates? loan

Yes, they are usually better, and most offer special deals for members and first time home buyers. Yes many banks offer %26quot;first time buyer programs%26quot; but they are often deceptive or not a deal at all. Be careful and do your research before buying or refinancing.