Compare Mortgage Interest Rates Today – FHA, VA and Conventional Loan Rates in California and New York
Posted on | May 28, 2010 | Comments Off
With mortgage interest rates very close to an all time low at the present time it should not be surprised to see many current and future homeowners looking to compare mortgage interest rates today. Many Americans are looking for FHA, VA and conventional loan rates in California and New York.
With this in mind it would be a wise decision to look at your personal finances before making any final decisions when it comes to taking out a new mortgage. With a credit score below 740 and a debt to income ratio above 40% it is going to be very difficult for Americans to have any chance at low rates.
At the present time most mortgage lenders are reporting that the 30 year fixed mortgage rate is around 4.65%. When looking at a historical chart of mortgage rates you can clearly see that this is very close to an all time low. With rate this low many Americans could save money by locking in today.
As stated earlier, it is important to have a very strong financial balance sheet before having the opportunity to refinance to low rates. Even though mortgage rates are quoted at low levels it does not mean that everyone will qualify for a mortgage rates rate under 5%.
Author: Alan Lake
Tags: compare mortgage interest rates > conventional rates > fha rates > interest rates > interest rates today > mortgage interest rates today > mortgage rates > mortgage rates today > va rates