My mortgage company calls pretty much every day to tell me that they want to offer me a lower mortgage interest rate (I'm at 2.75% and they want to bring it to 2 or below). I've already done this once from 3.5%. What confuses me is they are offering this while keeping the same payoff date, and the only fee is a $200 administrative fee so my loan balance doesn't go up, so why are they as persistent as bill collectors? What do they get out of me accepting a lower interest rate?
Submitted September 25, 2021 at 09:19AM by PettyAngryHobo https://ift.tt/2XQGzln
