Today’s Lowest FHA Mortgage Rates – July 21 Refinance Interest Rates from Wachovia, Bank of America and Chase
Posted on | July 21, 2010 | Comments Off
Today’s lowest FHA mortgage rates could test all time lows as the 10 year treasury rate yield has dropped over the last few days. July 21, 2010 refinance interest rates from many mortgage lenders including Wachovia, Bank of America and Chase are getting very close to all-time lows as the 30 year fixed rate is around 4.5%.
Many of these mortgage lenders are explaining that FHA mortgage rates in conventional mortgage rates are coming in very close. With this being the case many borrowers can expect to see an FHA mortgage that is close to a conventional mortgage. It is important to remember that not all homeowners will have the ability to lock in to the lowest possible mortgage interest rates available.
To get the day’s lowest FHA mortgage rates you will need a very good credit score and a low debt to income ratio. With a credit score above 740 and the debt to income ratio that is below 40% borrowers could find great success when logging in to low mortgage interest rates on July 21.
Author: Alan Lake
Tags: bank of america fha > chase fha > fha mortgage rates > july 21 fha > july 21 refinance rates > refinance mortgage rates > today's lowest fha rates > wachovia fha