You can get the lowest rate a lender can offer. As of today, 7/7/06, as long as income and the down-payment is available, you could get a 6.75% on a regular convention loan. You can call around and get the information without giving out your social security number and any other information so credit can't be pulled until you are ready.
The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
Actually the better the credit score the better are the offers for a mortgage credit loan. In general the interests offered for a new loan depend (besides others) directly on the credit score.
This is dependent on other contextual factors such as employment and geographic location, but with an average credit score a mortgage rate can be about 6%. A good credit score will have lower.
Depending on your credit score, Bank of America mortgage rates can be as low as .5% or as high as 20% APR.
The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
Actually the better the credit score the better are the offers for a mortgage credit loan. In general the interests offered for a new loan depend (besides others) directly on the credit score.
Mortgage rates vary continually depending upon the bond markets. They are also impacted by your credit score, the size of the mortgage loan and other factors. BankRate.com and LendingTree.com have various mortgage rate quotes available.
Mortgage rates are about 4.25% in Salem Oregon. That's the interest rate for home buyers in that area. Mortgage rates do differ based on a credit score.
This is dependent on other contextual factors such as employment and geographic location, but with an average credit score a mortgage rate can be about 6%. A good credit score will have lower.
Depending on your credit score, Bank of America mortgage rates can be as low as .5% or as high as 20% APR.
Although mortgage rates can vary form lender to lender, a credit score of 750 should ensure that you will receive the lowest possible rate. Currently, banks are offering a 30 year loan at rates as low as 2.9%.
If one's credit score is below standard, banks will percieve them as unreliable and give them a higher interest rate. Inversely, if one's credit score is outstanding, banks will give lower rates.
On average, the lowest mortgage rates for refinanced mortgages is 3.32%. However, this rate can change due to the customer's credit score.
Mortgage rates are driven by the prime rate. Then based on your credit score the rates will vary from there. Banks will also tack on points so they make money.
With the internet, comparing refinance mortgage rates is actually quite simple. All one needs to do is search for a website that will allow a user compare rates. The program will need information such as the mortgage amount, how much is being put down, and a credit score to give a list of options available.