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The answer depends on the market (are rates increasing or decreasing) and the lender. Mortgages are consumer products and as such are priced by the sellers based on what return they need to turn sufficient profit. This answer changes daily with the market and as lenders change pricing guidelines. The best way to gauge the market is to go to either the Wall Street Journal or a website such as BankRate.com and check out the overnight averages on any given day. From there you can check bank lending offers and see the rate range.
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Which has the lowest interest rate the fixed rate mortgage or the adjustable rate mortgage?
What the base line interest rates are when you are taking out your mortgage will determine which is the best value. Remember what is the lowest rate now may not be the lowest in a couple of years.
Which is the lowest fixed rate mortgage in the market?
The lowest fixed rate mortgage in the market is 2.99% in Canada, and if one goes for a five year fixed mortgage, it is only 2.75% in Canada. One can try to compare rate by going on the sites of various banks.
Which of these mortgage loans would have the lowest rate?
one year
What are the lowest mortgage interest rates you can get?
The lowest mortgage interest rates one can get are typically near the government base rate. In the UK the base rate has been low for some time so mortgage rates can be as low as 2%.
What is currently the lowest mortgage rate offered?
Currently the lowest interest rate offered on a 30-year fixed rate mortgage is 3.75 percent. Interest rates are historically low at the moment due to the economic downturn.
Which has the lowest interest rate the fixed rate mortgage or the adjustable rate mortgage?
What the base line interest rates are when you are taking out your mortgage will determine which is the best value. Remember what is the lowest rate now may not be the lowest in a couple of years.
Where can I get a good fixed mortgage?
The best way to find a good, fixed mortgage is to apply with your local bank. You can also try lendingtree.com. They will match you with the lowest mortgage rate possible.
How can you lower your house mortgage?
Refinancing is one way to lower your mortgage on a house. To start out with the lowest rate is to shop around with different banks to give you the lowest percent rate. Take your time, you want the best mortgage for you.
Which is the lowest fixed rate mortgage in the market?
The lowest fixed rate mortgage in the market is 2.99% in Canada, and if one goes for a five year fixed mortgage, it is only 2.75% in Canada. One can try to compare rate by going on the sites of various banks.
Which of these mortgage loans would have the lowest rate?
one year
What are the lowest mortgage interest rates you can get?
The lowest mortgage interest rates one can get are typically near the government base rate. In the UK the base rate has been low for some time so mortgage rates can be as low as 2%.
What is currently the lowest mortgage rate offered?
Currently the lowest interest rate offered on a 30-year fixed rate mortgage is 3.75 percent. Interest rates are historically low at the moment due to the economic downturn.
What is the lowest mortgage rate?
Mortgage rates differ from day to day, but there is always an overall rate which you can use as a guide. As of August 2012, the current mortgage rate stands between 2.6% and 3.0%.
How would one get the best possible mortgage deal?
The best way to get the lowest rate on a mortgage is to visit multiple banks and collect rate information from each bank. This will allow you to compare all of your options and know that the quote you got will be the one you get.
What is the lowest US mortgage interest rate ever recorded?
2.93%
Which companies offer 10 year mortgage deals?
There are three companies that seem to have the lowest rates for 10 year home mortgage. The company are Amerisave which has a rate of 3.08% and then the second lowest would be Discover Home mortgage which has the lowest rate of 3.40%, and the highest rated was Quicken loans at 3.45%
What is the lowest mortgage interest rate a potential homeowner can expect to encounter?
Mortgage interest rates differ from one city or country to another. However the lowest mortgage interest rate a potential homeowner can expect to encounter is between 4.3% to 6%.
