Today’s Lowest FHA Mortgage Rates – Interest Offers from Bank of America, Wachovia, Chase and RBC
Posted on | June 24, 2010 | Comments Off
Today’s lowest FHA mortgage rates are currently very close to all-time lows as the 30 year conventional mortgage has hit the historical low point. Interest-rate offers from Bank of America, Wachovia, Chase and RBC are very close to historic lows when it comes to an FHA mortgage.
It is very important to understand that not all Americans will have the opportunity to lock in to the lowest possible mortgage interest rates. If you are looking to get the lowest interest rate offer you will need a very good credit score above 740. By not having a great credit score you will likely get higher interest-rate offers.
Unfortunately, many Americans have found that they have dug themselves in the huge amounts of debt which in turn has caused higher interest rate offers. With this being the case many Americans are finding that not only are they in huge amounts of debt but they are struggling to gain access to cheap money.
While Bank of America, Wachovia, Chase and RBC are some of the larger mortgage lenders in the country it is important to understand that there are other options as well. By doing your research online you will likely find that there are many mortgage lenders in your area that can help you lock into a low FHA mortgage rate.
Author: Heather Best
Tags: bank of america fha > fha mortgage rates > interest rates > lowest mortgage interest rates > mortgage interest rates > mortgage rates > today's lowest mortgage rates > wachovia fha