myRateTrack.com distributes customer-specific refinance reports for mortgage professionalsMortgagePress.comWeb-based system, refinance reports, interest rates, closing costs
System also notifies consumers and loan officers when
desired rates and programs are available
launched a unique Web-based system that periodically sends
consumer-specific refinance reports with available interest rates
and specific closing costs to clients of participating mortgage
professionals. The system also includes an easy-to-use target
refinance system. When a client of the loan officer enters a target
rate and program into the system, he and his loan officer will be
immediately notified when that rate and program become
"A huge percentage of a loan officer's business is from repeat
business," says myRateTrack.com founder and mortgage professional
Jeffrey Pinkerton. "This system allows loan officers to offer
timely and meaningful information to clients on a regular basis.
When it's time for them to refinance, they'll get an e-mail letting
A consumer who uses the myRateTrack.com service, courtesy of his
mortgage professional, has access to the site and service free of
charge. The application's periodic RateTrack reports and each
clients' personal access account, which allows a consumer to set a
target refinance rate, access an instant report, and update
personal information, are branded with the referring loan officer's
contact information, so the consumers will remember who to call
when they are ready.
Many mortgage shoppers lost out in January when mortgage rates
dipped to their lowest level in years, only to jump up as much as
0.5 percent by the end of the day. The market moved so quickly,
many consumers missed out on the opportunity. "Not with
myRateTrack.com," says Jeffrey. "The next time there's a golden
opportunity, myRateTrack.com subscribers and their clients will
know about it."
For more information, visit www.myRateTrack.com.