Today’s Lowest FHA Mortgage Rates – GMAC, Nationwide, JP Morgan Chase and Citibank Interest Rate Offers
Posted on | May 21, 2010 | Comments Off
Today’s lowest FHA mortgage rates are very close to 2010 lows as the 10 year treasury rate yield his troubled over the last several weeks. Four major mortgage lenders that are currently offering low rates include GMAC, Nationwide, J.P. Morgan Chase and Citibank. It is very important to note that these are not your only options.
Over the last several weeks many mortgage lenders have reported that FHA mortgage rates are coming in very close to conventional mortgage rates. With this in mind and maybe a wise decision to do research on your current financial situation and what type of FHA mortgage you will qualify for.
it is important to note that an FHA mortgage comes with insurance obligations. It is sometimes wise to take out a slightly higher conventional mortgage rate as you will build a save money on your monthly payments by avoiding these extra insurance costs.
Before making any major financial decision in your life it is always important to step back and look at the big picture. Make sure your make in the right decision before you do research on today’s lowest FHA mortgage rates.
Author: Alan Lake
Tags: citibank fha > fha mortgage interest rates > gmac fha > jp morgan fha > lowest fha rates > lowest mortgage rates > nationwide fha > today's lowest mortgage rates