Compare Mortgage Interest Rates Today – March VA, FHA and Conventional 30 Year Home Loans Start Under 5%
Posted on | February 28, 2011 | No Comments
Many American homeowners are aware of the fact that mortgage rates are very close to all-time lows as the 10 year treasury rate yield has recently dropped below its 30 day moving average. At the present time we are seeing conventional 30 year fixed rates as low as 4.7% for borrowers who have an amazing financial history.
For those looking to compare mortgage interest rates today it is always advisable to do as much research as possible before making a final decision. With the advancements in technology it is now the case in almost every major mortgage lender in the country offers free online help through a live chat or e-mail service.
With the mortgage and finance industry being very competitive it should not be difficult to find a lender in a specific area that is willing to offer great customer service to go along with low interest rates. As the economy continues to recover from the “Great Recession” it is the case that mortgage lenders are being a little more lenient when they offer home loans.
With this in mind it may be wise to take advantage of the current low interest rate environment by selecting a mortgage lender that will be more than willing to work with a specific financial situation. With March VA, FHA and conventional home loans starting below 5% many current and future homeowners could benefit greatly by locking into a low rate today.
Many analysts have predicted that as the economy improves there is a very good chance that interest rates could rise. If the unemployment rate continues to drop in the stock market continues to hit multi-year highs than there is a strong possibility the week could see 30 year fixed mortgage rates push above 5% and possibly even move toward 6%.
Author: Mike Garner
Tags: compare mortgage interest rates today > conventional home loan rates > fha home loan rates > home loan interest rates > march va home loan rates > mortgage rates today
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