Today’s Lowest FHA Mortgage Rates – Refinance Interest Rate Quotes from Bank of America, Chase, Wells Fargo and Citi
Posted on | September 21, 2010 | No Comments
Today’s the lowest FHA mortgage rates are at very attractive levels as many Americans are looking to refinance today. Refinance interest rate quotes from major banks such as Bank of America, Chase, Citi and Wells Fargo have been reported around 4.3% for 30 year fixed mortgage rates. It is important to realize that it takes a very good credit score to have any opportunity to lock in to these low rates.
The general rule is that homeowners must have a credit score above 740 and a debt to income ratio that is well below 40% have any opportunity to lock in to the lowest possible FHA mortgage rates today. With great savings available to many Americans it should come as no surprise to see refinance applications store over the next several months as Americans look to save money before the holidays.
Taking the time and effort to do research could prove to be greatly beneficial as today’s lowest FHA mortgage rates are very close to all-time lows. Getting refinance interest rate quotes from several mortgage lenders may be a good idea as you will want to find competitive interest rates for your current financial situation.
Author: Alan Lake
Tags: fha interest rates > fha mortgage rates > fha rates > fha refinance rates > interest rate quotes > interest rates > refinance interest rates > todays lowest fha mortgage rates
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