Home Mortgage Refinance Loan Rates – 15 Year Fixed Mortgage Rates Under 3.8% in September 2010

Posted on | September 21, 2010 | No Comments

Home mortgage refinance loan rates remain at very low levels as the 15 year fixed mortgage rate is around 3.75%. For homeowners who have a very good credit score, equity in their home and a low debt to income ratio there are great savings to be had by refinance to a 15 year fixed mortgage in September of 2010.


It generally takes a credit score above 740, a significant amount of home equity, and a debt to income ratio that is below 40% have any opportunities to login to the lowest 15 year fixed mortgage rates. By meeting all of these requirements most homeowners will position themselves very well when it comes to locking in the lowest mortgage interest rates in the current economic environment.

Taking the time and effort to do research and homework on line could prove to be greatly beneficial to many homeowners in the current low interest rate environment. Even though mortgage interest rates are very close to all-time lows it is still the case that it takes a great amount of research to find mortgage lenders that will be willing to work with a specific financial situation.

Author: Alan Lake

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