Shop around online for a better mortgage rate with Credible. You can get multiple real quotes in one place so lenders can compete for your business. For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009.  If you enjoyed this episode, please leave a positive 5-star review! Episode Synopsis Do you have a high credit score? Congrats! You now have to pay higher mortgage fees or a higher mortgage rate starting May 1, 2023. Conversely, if you have a low credit score, you now get to pay lower mortgage fees or a lower mortgage rate.   Let's explore why this is and how the new rule could be a net positive for society. Because the initial knee-jerk reaction is negative.   Posts mentioned:   Higher Credit Scores Now Mean Higher Mortgage Fees Or Rates   No Such Thing As A No-Cost Mortgage   The 30/30/3 Homebuying Rule To Follow