I’ve had severa mortgagel inquiries lately so it probably had something to do with this

National mortgage rates fell sharply last week, with rates on 30-year mortgages dropping to the lowest level in more than two years.

As of today 30 year rates are pretty low:

  • One point will get you 5.5%
  • Want no points, you’ll get 5.75%
  • Want zero points, you’ll get 6.5%

Of course to qualify for these mortgage rates you’ll need superb credit, decent income, an 80% loan balance to property value ratio, and decent assets.

Is your rate too high? If you're looking to compare mortgage rates or to get a rate quote on a FHA loan start here


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