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mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
Epa095 · 12 days ago
Good work!

Does anyone else think that the government should do something like this? Either enforce that vendors sends their offers to a central database which is publicly accessible, or at least make it available so the vendors can choose to send data there (maybe enforce it for big vendors, to get it started).

In general I think it makes sense for the government to be responsible for the market place, and the infrastructure around the market. The data should be avaliable publicly through a API so one could build different frontends and analysis services on it.

Example markets are electricity, deposits, mortgages, housing.

mhashemi · 11 days ago
This kind existed for a while in the USA. Current admin turned off the data stream: https://www.consumerfinance.gov/owning-a-home/explore-rates/
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
eagrt4tdg · 11 days ago
Very nice! I would be great if there was also a way to see rates for investment properties.
mhashemi · 11 days ago
I'd say the exact rate as displayed might not matter as such. It's more a discovery tool for folks to find a competitive CU that they're eligible for. If the CU looks good for one type of rate, it's probably worth exploring for others.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
nunez · 12 days ago
I didn't do a CU for my mortgage (mostly because my lender is awesome and I'm happy with our rate), but I did for my recent auto loan and moved my accounts to them.

NIGHT AND DAY DIFFERENCE. customer service is fantastic and their online banking app/website is no bullshit. It even supports TOTP 2FA, which I definitely wasn't expecting given that the huge bank I came from didn't for some reason.

Can't recommend a credit union enough.

mhashemi · 12 days ago
Real talk, it's so hard to find TOTP 2FA in banking.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
redindian75 · 12 days ago
Do you do daily scraping to get fresh data? or use services like firecrawler or something?
mhashemi · 12 days ago
Yeah, it's partially automated. It doesn't use firecrawler or any other services (other than Render for hosting).
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
lefstathiou · 12 days ago
The Credit Union Mortgage Association can make the crawling easier via this link: https://mortgages.cumortgage.net/start_up.asp
mhashemi · 12 days ago
That's actually where I started! Majority (but not all) of the institutions present on the dashboard are from the CUMA :) I don't technically crawl that portal, but their robots.txt certainly seems to encourage it. Great resource.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
calmworm · 12 days ago
Cool concept, but it doesn’t account for assumptions the sites make when displaying rates. Not something to you can really account for across the board though is it? Like “assuming a $300k loan on a home valued at $600k” to get a low 5’s rate… for example.
mhashemi · 12 days ago
Definitely. Unlikely that anyone starting here will get exactly the estimated monthly payment, especially as it takes time to lock in a rate and rates can change daily. What it does do is only use APRs to give as much of an apples-to-apples comparison as can be had. Click any entry in the table to go through to the CU's site, which usually has some means of getting a more accurate rate and/or quote.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
throwaway2037 · 12 days ago

    > Estimated monthly payment based on purchasing $400,000 home with 20% down, $567/mo taxes and insurance, and 1.65% closing costs.
Does anyone know the source of these numbers? Example: The are national median values.

Except maybe Texas, where else can you buy a house/apt in the US near a major job center for only 400k?

mhashemi · 12 days ago
Those are just some medians I either Googled or LLM'd to act as defaults. You can click that sentence and change all those values to estimate.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
ralph84 · 12 days ago
Nice work.

Navy Federal has always had competitive rates: https://www.navyfederal.org/loans-cards/mortgage/mortgage-ra...

Membership requires a military connection in the family, but it can go back to grandparents: https://www.navyfederal.org/membership/eligibility.html

mhashemi · 12 days ago
Love a public rates page. Added to my list for tomorrow.
mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
t_mann · 12 days ago
Great initiative and beautiful site! Tiny nitpick, the wrapping of the controls above the table on my phone could probably be improved. What did you use for the table?
mhashemi · 12 days ago
Thanks, and thanks for the heads up! Feel free to shoot me a screenshot/more browser details if you don't mind: blog@finfam.app

The data table is based on https://svelte-headless-table.bryanmylee.com/

mhashemi commented on Show HN: I built a dashboard to compare mortgage rates across 120 credit unions   finfam.app/blog/credit-un... · Posted by u/mhashemi
joshuamcginnis · 12 days ago
Very cool. Can you tell us the tech and tools you used to reliably scrape? or get all of the rate data from the various websites?
mhashemi · 12 days ago
It's more manual than you might think! Sent a message to the email in your profile with more details :)

u/mhashemi

KarmaCake day1067May 12, 2013
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