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Very confused about Mortgage shopping

So as the title says, I have been shopping for mortgage rates and I'm very confused as to how this whole process goes.

I'm buying a new construction and my builder's preferred lender is giving me 3.375 interest rate but a lenders credit of $7500. This sounds like a sweet deal but when shopping around for rates, I see better mortgage has a rate of 2.8 with a lenders credit of around of $3,500. I brought this to my lenders attention thinking they would match it but that didn't happen. Instead, she said that is unreleastic in the curre r market.

How do I know what the current market rate is? And should I shop around more to see what makes more sense?

submitted by /u/dagr8don
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source https://www.reddit.com/r/RealEstate/comments/qi72x8/very_confused_about_mortgage_shopping/
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