Compare Mortgage Interest Rates Today – Fixed VA and FHA Refinance Rates Lower at Wells Fargo and Bank of America
Posted on | June 17, 2011 | Comments Off
With interest rates getting very close to 2011 lows many Americans are looking to take advantage by refinancing in mid-June. A large number of American homeowners are looking to compare mortgage interest rates today in hopes of finding the lowest fixed VA and FHA refinance rates. Luckily, we have seen interest rates very close to all time lows in June of 2011.
Two of the largest mortgage lenders in the country are Wells Fargo and Bank of America but it is important to remember that they are not the only option when it comes to refinancing a home loan. With over 7000 FDIC insured financial institutions at the local, regional and national level there’s no reason to assume that there are few options.
Taking the time and effort to use the FDIC search option on their website could prove to be greatly beneficial for Americans looking to find a local or regional financial institution. It may be a very wise decision to get several mortgage interest rate quotes before making any assumptions about what interest rates will be available for specific financial situation.
With the advancements in technology it is now the case that most homeowners have the ability to contact mortgage lenders from the comfort of their home or office. With almost every major mortgage lender in the country having some type of live chat or twitter answering service most individuals will be able to receive an answer within minutes if not seconds.
Many analysts predicted that interest rates would start to move up due to the fact that the economy would improve but we are still seeing the unemployment rate above 9%. As long as the unemployment rate stays high it will likely be true that interest rates remain very attractive.
Author: Mike Garner
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