Compare Mortgage Interest Rates Today – Refinance VA, FHA, Fixed and ARM Rates on August 24

Posted on | August 24, 2010 | No Comments

Over the last several weeks mortgage rates have  continuously hit an all-time low which is forcing many Americans to consider looking to compare mortgage interest rates today. Refinance VA, FHA, fixed and ARM rates are very low as conventional 30 year fixed rates are being quoted around 4.35%. While this is not the lowest level in history it is very close to the all-time low that was set last week.


Over the next several weeks and will likely be the case that many Americans consider going to the refinance process. Almost 80% of mortgage applications over the last several weeks have been refinance applications and this will likely continue as new home buyers continue to sit on the sidelines and hope for government incentives.

With new home sales dropping to new lows each and every month it may be the case that the government has to step up and offer incentives once again. It will come as no surprise to see another first-time home buyer tax credit in the very near future as home sales continue to be very bad for those who are looking to buy their first house.

Author: Alan Lake

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