Home Mortgage Refinance Loan Rates – Lowest Fixed 15 Year and 30 Year Rates in US History Today

Posted on | September 22, 2010 | No Comments

Home mortgage refinance loan rates have recently hit all-time lows as we are seeing the lowest fixed 15 year and 30 year home loan interest rates in the history of the United States. At the present time we are seeing 30 year fixed rates around 4.2% and 15 year fixed rates around 3.7%. Many homeowners could greatly benefit by refinancing to a much lower home mortgage refinance loan rate today.


What most homeowners need to realize is that all financial situations will not allow for the lowest possible mortgage refinance rates. It takes a very impressive credit score and an extremely low debt to income ratio to have any opportunities to lock into the lowest mortgage interest rates. By having a credit score above 740 and a debt to income ratio below 40% homeowners will likely find that they can receive low interest rate offers.

Over the next several weeks it will be very interesting to see just how many people go to the refinance process. With Americans looking to save money before the holiday season it should come as no surprise to see a growing number of individuals looking to save on their mortgage payment. By refinancing today many homeowners could save hundreds of dollars on a monthly payment.

Author: Heather Best

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