Today’s Lowest Mortgage Interest Rates – October Refinance 30 Year Fixed Home Loan Interest Rates Sink Below 4.25%

Posted on | October 18, 2010 | No Comments

Gaining access to today’s lowest mortgage interest rates is very important to many Americans as we have seen 30 year fixed rates well below 4.25% in October of 2010. Before making any assumptions on getting low mortgage rates it is always important to realize that it takes a very good financial history and smart financial decisions to receive low interest rate offers.


Over the last several months all large number of Americans have had the ability to refinance to lower overall rates but there are also many that are struggling to keep her credit score at an attractive level which in turn makes it extremely hard to get low rates. The general rule of thumb is that homeowners should have a 740 credit score to get the lowest possible rates.

The four largest mortgage lenders in the country are currently Wells Fargo, Bank of America, Citigroup and Chase but it is important to realize that these are not the only options. These four big banks have the most mortgages on their books but there are many local and regional lenders that can help lock in low rates as well.

Author: Jeremy North

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