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As Low As rates and the national average: two different measures

Name: As Low As rates and the national average: two different measures
Uploaded: 2026-11-08T00:00:00-05:00
Duration: 42 s
Description: How the As Low As rate is built from the lowest verified offer in the network, and why it is not the same measure as the national average.

How the As Low As rate is built from the lowest verified offer in the network, and why it is not the same measure as the national average.

42 sec · Captions available on the player · Presented by AI-generated presenters, with every line taken from the FreeRateUpdate page it answers.

Source: FreeRateUpdate network offers and the Freddie Mac Primary Mortgage Market Survey

Transcript

This is FreeRateUpdate News. I'm Edmund Ledger. Let's look at how our As Low As rate is built. Our As Low As rate is the offer with the lowest APR we can verify in our network. The national average most people mean is Freddie Mac's weekly average, from thousands of loan applications lenders send it. One is a single best offer. The other is an average across many lenders. That's why the two figures don't move in step. Our figures use one example borrower, so your own rate depends on your credit, loan and home. I'm Edmund Ledger, for FreeRateUpdate News.

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As Low As rates and the national average: two different measures

Transcript

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