Compare Mortgage Interest Rates Today – Refinance FHA, VA, Jumbo, ARM and Fixed Rates Near All Time Lows
Posted on | August 23, 2010 | No Comments
With mortgage rates very close to the lowest levels in history it should come as no surprise to see many homeowners looking to compare mortgage interest rates today. Refinance FHA, VA, Jumbo, ARM and fixed 30 year fixed rates have dropped to levels we have never seen in the history of the United States housing market. There’re many opportunities to greatly save by refinancing today.
Over the last several years many Americans have had the ability to refinance to very low mortgage interest rates. Today we are seeing conventional 30 year fixed rates around 4.35% which is slightly off the all-time lows of 4.25% but still a very attractive levels for homeowners looking to save money. Before deciding that refinancing is right for a current financial situation it is always important to remember it takes a great credit score to lock into the lowest refinance rates.
With a credit score above 740, a low debt to income ratio and a significant amount of home equity many homeowners will position themselves very well when it comes to locking in to the lowest mortgage interest rates today. Make certain to understand that the general rule of thumb is that homeowners must save at least one full percentage point to fully benefit from refinancing.
Author: Alan Lake
Tags: compare mortgage interest rates today > compare rates today > interest rates > jumbo refinance rates > mortgage interest rates > mortgage rates > mortgage rates today > Refinance Rates > va refinance rates
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