Compare Mortgage Interest Rates Today – Lenders Offering Rates at 5% or Below

Posted on | March 30, 2010 | No Comments

With mortgage interest rates very close to all time lows there are many Americans who are looking to compare mortgage interest rates today.  There are many lenders who are currently offering rates at 5% or below but you will have to do your research and due diligence to get a rate in this range.


It is very important to understand that the interest rate you receive will be determined by your current financial situation.  If you have a very poor credit score and you have missed bill payments recently then you are going to find that your interest rate is much higher than the advertised 5% level.

If you do have a bad credit score it would be wise to take the necessary steps to improve it.  The easiest way to do this is to make sure all bills are paid in full and on time.  By doing this for several months and possibly even several years you will see your credit score increase and you will be able to qualify for lower mortgage interest rates.

Author: Alan Lake

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