Why We Exist
"Every American deserves access to transparent mortgage rate information. No hidden fees. No bait-and-switch tactics. Just accurate data that empowers better decisions."
— Sarah Mitchell, Founder & CEO
Your trusted source for current mortgage rates and expert guidance
Rates Updated Daily
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Our Story: Making Mortgage Rates Accessible to Everyone
Founded in 2020 by mortgage industry veterans frustrated by opaque lending practices, we set out to create the transparent rate comparison platform we wished existed when we were buying homes.
It started with a simple observation: shopping for mortgage rates was unnecessarily complicated. Lenders advertised teaser rates that most borrowers couldn\'t qualify for, comparison sites prioritized affiliate partners over the best deals, and understanding why rates changed felt like deciphering a foreign language. Mortgage rates impact the biggest financial decision of most people\'s lives—why was finding accurate rate information so difficult?
Our founder, Sarah Mitchell, spent 20 years in executive roles at major mortgage banks. She watched countless borrowers overpay for mortgages because they lacked access to comprehensive rate data and didn\'t understand how to position themselves for the best rates. In 2020, she left corporate America to build the solution: a platform that provides transparent, accurate, and comprehensive mortgage rate information—completely free of charge.
We launched Mortgage Rates Today in January 2020 with a simple premise: show borrowers every available rate from every legitimate lender, explain why rates are what they are, and help people make informed decisions. The response was overwhelming. Homebuyers appreciated our transparency. Lenders respected our integrity. Financial journalists cited our data. We grew from a small team of three to a staff of 25 mortgage professionals serving 250,000+ users.
Today, we\'re proud to be the most trusted source for mortgage rate information. Our data powers rate comparisons on major real estate sites. Our forecasts guide homebuying decisions nationwide. Our educational content has been viewed over 5 million times. But what matters most isn\'t our growth—it\'s the thousands of emails we\'ve received from families who saved money on their mortgages because of our platform.
Our commitment hasn\'t changed: provide accurate, unbiased mortgage rate information that empowers you to make confident home financing decisions. Whether you\'re buying your first home, refinancing to save money, or just researching rates, we\'re here to help you navigate the mortgage market with clarity and confidence.
Our Headquarters
New York Financial District
Our Impact in Numbers
$12,500
Average user savings
5M+
Guides read
85%
Forecast accuracy
4.9/5
User rating
Our Impact by the Numbers
Six years of serving homebuyers has taught us a lot. Here\'s what we\'ve accomplished together.
250K+
Users Helped
Homebuyers and homeowners served since 2020
100+
Lender Partners
Direct relationships with top mortgage lenders
$50B+
Loans Compared
Total value of mortgages analyzed on our platform
4.9/5
User Rating
Average rating from verified user reviews
50+
Years Combined Experience
Our team's total mortgage industry experience
24/7
Rate Monitoring
Around-the-clock mortgage rate tracking and updates
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The Values That Guide Everything We Do
Our culture and decisions are rooted in principles that put you first. These aren\'t just words on a wall—they\'re the standards we live by every day.
Unwavering Accuracy
We verify all mortgage rates multiple times daily through direct lender partnerships and automated rate feeds. Our data integrity team manually reviews rate discrepancies, ensuring you see the most accurate mortgage rates available. We maintain detailed rate change logs, so you can track historical movements and trust that our current rates reflect real market conditions.
Consumer-First Approach
Unlike lender-owned comparison sites that steer you toward preferred partners, we maintain complete editorial independence. Our revenue comes from advertising, not referral fees, which means our mortgage rate recommendations remain unbiased. We've turned down partnerships that would compromise our ability to provide objective rate comparisons.
Educational Mission
We believe informed borrowers make better decisions and secure better mortgage rates. That's why we invest heavily in free educational content, from comprehensive mortgage guides to interactive calculators. Our goal isn't just to show you rates—it's to help you understand why rates fluctuate and how to position yourself for the best possible terms.
Innovation & Technology
Our proprietary rate aggregation platform scans over 100 lender websites every 60 seconds, capturing real-time mortgage rate changes. We've developed machine learning algorithms that predict rate movements with 85% accuracy, helping you time your rate lock strategically. Our technology processes over 1 million rate data points daily.
Market Leadership
Since launching in 2020, we've become the most trusted source for mortgage rate information, cited by major financial news outlets including CNBC, Bloomberg, and The Wall Street Journal. Our mortgage rate forecasts are used by real estate brokerages nationwide to advise clients on timing their home purchases.
Community Impact
We're committed to making homeownership accessible to all. Through our partnership with Habitat for Humanity, we've helped over 500 families understand mortgage rates and secure affordable financing. We also provide free rate education workshops for first-time homebuyers in underserved communities.
What Makes Us Different from Other Rate Comparison Sites
The mortgage rate comparison space is crowded. Here\'s why serious homebuyers choose us over the competition.
1
Real-Time Rate Verification
While other sites update mortgage rates once or twice daily, our automated systems verify rates every 60 seconds. We catch rate changes the moment they happen, giving you a competitive edge when timing your rate lock. Our rate confidence score shows you how recently a particular rate was verified.
2
Transparent Rate Sources
We disclose exactly which lender is offering each rate we display, including specific eligibility requirements. No teaser rates or bait-and-switch tactics—you see the actual mortgage rates available, complete with credit score requirements, down payment minimums, and loan-to-value ratios. Transparency builds trust.
3
Historical Rate Context
Understanding current mortgage rates requires perspective. We provide 30-day, 90-day, and 1-year rate trends for every loan type, showing you whether today's rates are trending up or down. Our interactive rate charts reveal seasonal patterns that help predict future movements. Context is power.
4
Personalized Rate Matching
Your situation is unique, and so are the mortgage rates you'll qualify for. Our rate matching algorithm considers your credit score, down payment, location, and loan preferences to show you rates from lenders most likely to approve your application. No wasted applications, no unnecessary credit inquiries.
5
Expert Rate Analysis
Our team of mortgage economists publishes daily rate commentary explaining WHY mortgage rates moved, not just THAT they moved. We break down complex economic indicators into plain English, helping you understand inflation data, Fed announcements, and bond market activity. Understanding drives better decisions.
6
No Hidden Agendas
We don't originate loans, we don't take applications, and we don't earn referral fees. Our only motivation is providing accurate, comprehensive mortgage rate information. This independence means you can trust our rate comparisons and recommendations to be completely unbiased. Your trust is our most valuable asset.
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Meet Our Expert Team
Mortgage rates are complex. Understanding them requires expertise. Our team brings decades of combined experience in mortgage banking, economics, and consumer advocacy.
Sarah Mitchell
Founder & CEO
20+ years in mortgage banking, former VP at Wells Fargo Home Mortgage
Michael Chen
Chief Economist
Ph.D. in Economics, former Federal Reserve analyst, specializes in rate forecasting
Jennifer Walsh
Senior Mortgage Analyst
15 years analyzing mortgage markets, CFA charterholder
David Rodriguez
Consumer Advocacy Lead
Former CFPB regulator, dedicated to transparent lending practices
Join Our Growing Team
We\'re always looking for talented mortgage professionals, economists, and technologists who share our mission. If you\'re passionate about democratizing financial information, we\'d love to hear from you.
careers@mortgagerates.com →Recognized for Excellence & Trustworthiness
Our commitment to accuracy and transparency has earned recognition from industry organizations and consumer protection agencies.
Better Business Bureau A+ Rating
TRUSTe Certified Privacy
Google Verified Publisher
Forbes Featured 2024
"The most trusted source for mortgage rate information on the internet."
— Forbes, 2024 Best Mortgage Rate Comparison Sites
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Our Commitment to You
We pledge to always provide accurate, unbiased mortgage rate information. To maintain editorial independence. To put your interests above profits. To educate and empower you. To never compromise our integrity for partnerships or revenue. This is our promise, and we stand behind it every single day.