Interest rates are such a hot topic, and much like other aspects of Homebot, they prove to be a great conversation starter.

In this article, you'll find out where we source interest rates so that you can have a more informed conversation when talking to clients and leads.

We source our interest rates from two places:

We pull interest rates every Thursday from Freddie Mac's national averages. To remain conservative, we round up a 1/4 of a point. We do this not only because rates change daily, but this can put you in a position to offer a better one!

To avoid compliance issues, we have disclaimers throughout the report letting homeowners know the interest rates are estimates and that they should contact their lender to discuss what they qualify for based on their circumstances. You can add your own custom disclaimer that would populate at the top of our message. Learn how to add a custom disclaimer HERE.

When adding a new homeowner to your account, we recommend you include their loan information, if possible. Whether you do or not, we’ll pull from public records and display what we can find.

The interest rates generated are the national average for the month the loan closed.

Your clients can update mortgage details from within the homeowner report anytime. Once the information is adjusted, the home report will be immediately corrected.

If you'd like to manage their home loan info, you can do so from the client's profile page.

Send customer support a direct message using the pink icon at the bottom right corner of your account.