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Home Mortgage Rates Under 4.75% – Mortgage Lenders RBC, Chase, Wachovia and Citibank Offers in May 2010

Posted on | May 27, 2010 | Comments Off



Home mortgage rates are currently under 4.75% and many Americans are looking to save by locking in to a low rate today.  Mortgage lenders RBC, Chase, Wachovia and Citibank are offering low rates in May of 2010.  It is very important to note that these are some of the bigger mortgage lenders but not the only options.


Over the next few weeks mortgage activity is likely to pick up as mortgage interest rates are very close to an all time low.  Any quick drop over the next week and we will see seeing the lowest mortgage rates in the history of the United States housing market.  This means many Americans will look to refinance.

Over the last year refinance activity slowed down greatly due to the fact that many people have already refinanced their homes.  With mortgage rates even low now there may be another refi boom wave on the way.  Only time will tell if Americans are looking to refinance today.

With RBC, Chase, Wachovia, Citibank and most mortgage lenders offering great deals now might be a great time to consider refinancing.  It might be a wise decision to consider your research today so if mortgage rates drop even more you will have a very good opportunity to save money.

Author: Jeremy North



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