Getting the lowest interest rate on a home loan can save you thousands of dollars over the life of the loan. Here are some steps you can take to help you get the lowest interest rate possible: Improve your credit score: Lenders generally offer lower interest rates to borrowers with higher credit scores. Improving your credit score by paying bills on time, paying down debt, and disputing errors on your credit report can help you qualify for a lower interest rate. Save for a larger down payment: The larger your down payment, the less risk you pose to the lender. This can result in a lower interest rate. Shop around: Compare loan offers from multiple lenders to find the lowest interest rate. Be sure to compare the Annual Percentage Rate (APR), which includes both the interest rate and any fees associated with the loan. Consider a shorter loan term: Shorter loan terms generally come with lower interest rates. While your monthly payment may be higher, you'll save money on interest over the life of the loan. Consider buying points: Paying points upfront can lower your interest rate over the life of the loan. One point is equal to 1% of the loan amount. Maintain stable employment and income: Lenders prefer borrowers with stable employment and income histories. If you can demonstrate a steady employment and income history, you may qualify for a lower interest rate. Overall, getting the lowest interest rate on a home loan requires a combination of factors, including good credit, a larger down payment, shopping around for the best loan offers, considering shorter loan terms, paying points upfront, and demonstrating stable employment and income.