Today’s Lowest Mortgage Interest Rates – 30 Year Refinance Fixed Rates Reaching All Time Lows in September
Posted on | September 29, 2010 | No Comments
Over the last few months the mortgage rates forecast has been quite beautiful as homeowners have seen 30 year fixed mortgage rates drop all the way to 4.25%. Today’s lowest mortgage interest rates are currently around the same level for 30 year refinance fixed rate. It is very important to remember that it takes an impressive credit score and a very low debt to income ratio to have the opportunity to lock into low refi rates.
Over the last several weeks that has been the case that the majority of mortgage applications have come in his refinance applications. This has been the case because first-time home buyers remain on the sidelines hoping for government incentives along with home prices that start to move higher. Rather than purchasing a home that is dropping in value many first-time home buyers would like to see homes that are increasing in price.
With that being the case it looks as if many current homeowners looking to refinance will be the ones looking for today’s lowest mortgage interest rates. By doing research online many homeowners will find that there are attractive interest-rate offers but it will take a very good credit history to have the opportunity to save money by refinancing today.
Author: Heather Best
Tags: 30 year refi rates > lowest 30 year fixed rates > lowest 30 year refinance rates > lowest refinance rates > mortgage interest rates > mortgage interest rates today > refi rates > today's lowest mortgage interest rates
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