Compare Mortgage Interest Rates Today – FHA, VA Home Loans and Conventional Mortgage Rates Under 5%
Posted on | June 27, 2010 | Comments Off
Mortgage interest rates are very close to all time lows so it should come as no surprise to see many American homeowners searching to compare mortgage interest rates today. By comparing interest rates you will likely find that there are attractive rates available through FHA, VA home loans and conventional mortgage rates.
Over the last week we have seen 30 year fixed mortgage rates drop to an all time low below 4.5%. With mortgage rates this low many Americans have a chance to save a significant amount of money. There are many mortgage calculators available online to help you determine how much money you can save.
With money to be saved it is always important to do your research and due diligence. Even though mortgage interest rates are being advertised at all time lows it does not mean that all homeowners will qualify for interest rates this low. You will need a great financial history to lock in to the lowest mortgage rates.
If your credit score is above 740 and you have a debt to income ratio that is below 40% you should find little trouble getting a low mortgage interest rate. If you are looking to refinance please note that you will need equity in your home as mortgage lenders are not refinancing mortgages that are under water.
Author: Jeremy North
Tags: compare interest rates > compare mortgage rates > fha mortgage rates > mortgage interest rates > mortgage interest rates today > todays mortgage interest rates > va home loan > va mortgage rates