Mortgage rates in 2008
Mortgage rates have dropped over the last year by a couple percent. However, it is harder to obtain a mortage due to the current recession. The average rate on a 30-year fixed rate mortgage was 5.05 percent. Rates had dropped to a record low of 4.71 percent in December
Gold Star Financial Group offers the best mortage rate in Huston, Texas. You can get a 30 year fixed rate mortage loan at 4.5%, or a 15 year fixed rate mortage oan at 3.75%.
Mortgage rates differ according to several variables. For property near Los Angeles, a 30-year fixed loan of $165,000 with 20% down and a credit score greater than 740, the following lenders offer the following mortgage rates: Ladera, 3.875%; Discover, 4.25%; Amerisave, 3.875%; and FFSi, 4.125%. For mortgage rates in other situations, see the website Bankrate.
The current mortgage rates for a 30 year mortgage with a 7 year arm in Provo, UT? is 5.11%. You can get the latest rates at www.bankrate.com/utah/mortgage-rates.aspx
Currently 30 year mortgage rates are still pretty low. The market is still struggling to come out of the recession so the banks are trying to entice buyers with lower rates. Right now rates for a 30 year fixed mortgage are running as high as 5.5% to as low as 3.5%.
This depends where you are and what rate you can get. However according to the USA today, current 30 year fixed mortgage rates are up to an average of 3.42%.
30 year fixed mortgage rates are often offered by banks and other companies that specialize in mortgages. A 30 year fixed mortgage rate means that the bank will not change what the buyer has to pay for 30 years, when the mortgage is paid off.
A thirty year fixed rate mortage offers better overall savings. A five year renewable mortgage offers the advantage of being renewable, and so you can cancel it.
Current mortgage rates for a 30 year fixed in Dallas would be about $ 600.00 a month. If you are in good standing and have credit payments may be less.
There are several places where one can compare rates for 30 year mortgages in Atlanta, Georgia. One can look on Zillow, or one could just as easily consult Bankrate. These are only two of many other websites which allow users to compare rates for 30 year mortgages.
Information on 30 year jumbo mortgage rates can be found by talking to your financial adviser at your bank. It can also be found on Investopedia and Money Supermarket.
June has 30 days in ever year, including 2008.