How to shop for the best Home Mortgage Rate.

Home Mortgage rates rose to an average 6.86 % the week of June 18, 2007.   I understand that many buyers are "waiting" for home prices to drop & most homes have already been reduced but it is very important to also shop for the best possible mortgage rate as the rate can make a difference of 100's of dollars. For example, I recently sold a home in Tiverton RI  on May 25,2007  The mortgage rate was 6.12 % ( The buyer shopped with my assistance ) If the buyer had waited just 3 weeks, the mortgage payments would have been  $136.20 per month higher. Based on a loan of $280,000. I work with many local lenders.  I will be more than willing to recommend a lender or mortgage broker that best suits your needs. There are special rates for teachers, police officers & first time home buyers the list goes on & on. I will be happy to guide you in the best direction. When you have the pre-approval in hand, then I will be more than willing to guide you through the home buying process. I can help you save time money & effort & best of all my real estate services are free. Please visit my web-site at www.KarenMartinHomes.com  for more home buying tips & info on Grants that are available to purchase a home or condo. Karen Ann Martin American Dream Realty Westport MA Home office (508) 636-3310