Compare Mortgage Interest Rates Today – Refinance 30 Year FHA, VA and Fixed Loan Rates at Lowest Levels
Posted on | September 1, 2010 | No Comments
Many Americans are looking to save money in the current economic environment. One way to do this is to lock into a very low mortgage interest rate which in turn will lower monthly mortgage payments. With this being a popular theme look for many people to compare mortgage interest rates today. Refinance 30 year FHA, VA and fixed home loans are very close to all-time lows.
As we are seeing the lowest levels in the history of the US housing market when it comes to mortgage rates there many opportunities to save. It is very important to realize that it takes a great credit score and a low debt to income ratio to have any opportunity to lock in to these low mortgage interest rates today.
A credit score above 740 and a debt to income ratio below 40% will position many homeowners in very good standing when it comes to locking in to today’s lowest mortgage interest rate. The 30 year fixed rate is around 4.25% but it is important to remember that the general rule of thumb is that Americans must save one full percentage point to fully benefit from refinancing today.
Author: Heather Best
Tags: compare mortgage interest rates > fha refinance > mortgage interest rates today > mortgage rates today > refinance interest rates > Refinance Rates > va refinance
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