Lowest FHA Mortgage Interest Rates Today – Refinance Loan Rate Quotes from Wells Fargo, Chase and Bank of America

Posted on | October 28, 2010 | No Comments

Over the last year many Americans have found great opportunities to lower monthly mortgage payments with the low current FHA mortgage rates. When looking for the lowest FHA mortgage interest rates today it is important to remember that there are insurance obligations that come with an FHA mortgage.


Before going to the entire refinance process is always a good idea to do research and understand just how much money can be saved. At the present time refinance loan rate quotes from major lenders such as Wells Fargo, Chase and Bank of America are very low. These lenders have reported that 30 year fixed FHA rates are as low as 4.25%.


Even though these rates are being quoted it does not mean that all American homeowners will have the ability to login to the lowest possible mortgage interest rates today. It takes a very impressive credit history to have any opportunity at these low refinance loan rate quotes. By having a credit score above 740 and the debt to income ratio that is well under 40% of homeowners will have a good opportunity to save by refinancing today.

Author: Jeremy North

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