Compare Mortgage Interest Rates Today – Refinance VA, FHA and Conventional Loans on October 28 Very Low

Posted on | October 28, 2010 | No Comments

The Federal Reserve Bank has worked very hard to keep interest rates low for an extended period of time and this has allowed many opportunities to refinance the much lower monthly mortgage payments. With this being the case many American homeowners will likely look to compare mortgage interest rates today for opportunities to save money.


At the present time refinance VA, FHA and conventional home loans are at very low rates. On October 28, 2010 is the case that the conventional 30 year fixed mortgage is being quoted around 4.25%. It is important to remember that these low rates are usually only quoted for borrowers who have a very impressive credit score and a low debt to income ratio.


By being very smart with your money over the last several years you will have positioned yourself very well when it comes to locking in the lowest possible refinance mortgage interest rates today. Unfortunately, many Americans have seen their credit scores drop and have missed bill payments over the last several months. With this being the case it could be very difficult to lock in to the low mortgage rates being quoted today.

Author: Alan Lake

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