SOURCE: Informa Research Services, Inc.

Informa Research Services, Inc.

November 23, 2011 12:49 ET

Don't Wait for Black Friday to Score a Deal on Your Mortgage, Says Informa Research Services

CALABASAS, CA--(Marketwire - Nov 23, 2011) - Why wait until Black Friday to score a deal on refinancing your current home loan? A few major retailers have already published their Black Friday deals; similarly, mortgage companies are already offering low rates with which you can refinance your mortgage. Informa Research Services, a subsidiary of Informa plc (LSE: INF), suggests consumers use online resources to find the best deal on mortgages (

Scoring a deal on a 42-inch LCD television may save you hundreds of dollars, but refinancing your home can save you thousands. With a significantly lower rate, you can save up to a hundred dollars a month, which can quickly add up to tens of thousands of dollars over the term of your loan.

With access to online resources such as, there's no need to camp outside a storefront to score the best deal on your mortgage. Instead, stay nice and cozy in front of your computer, and visit Simply using your zip code and an estimated loan amount,'s rate comparison tables can quickly gather some of the lowest rates available. Another feature of these tables that makes them especially useful is the ability to sort your results by product characteristics such as rate, APR, and estimated monthly payment.

These tables frequently feature lenders who offer rates well below the already low national average. According to Informa Research Services, the national average rate attached to the traditional 30 year fixed rate mortgage currently sits steady at just 4.23%, down from 4.81% six months ago (Source: Informa Research Services' Interest Rate Review). Since this is just an average, this means there are a number of rates both higher and lower than this figure. Use's rate comparison tables to quickly locate the lowest ones available in your area, all from the comfort of home!

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About Informa Research Services, Inc. (
Since 1983, Informa Research Services, Inc., has provided the financial industry's most extensive array of market research, mystery shop, and decision-support information.