Posts Tagged low mortgage rates
Mortgage Interest Rate Update – Lowest Available Rates – November 11, 2009
Posted by Top Home Loans in Mortgage Advice, Mortgage News, Mortgage Rates on November 11, 2009
When refinancing, transferring, buying, or selling, you want to make sure that you have the best mortgage rate. It is important to have a low rate in order to be able to pay off your mortgage faster, and you will have lower monthly payments.
Lowest Mortgage Interest Rates in Canada
Buying a new house: Lowest available mortgage rate 3.74% on a 5 year fixed rate closed.
Buying a new house: Lowest available mortgage rate 2.05% on a 5 year variable rate closed.
Already have a mortgage and not moving: Lowest available mortgage rate 3.74% on a 5 year fixed rate closed.
Already have a mortgage and not moving: Lowest available mortgage rate 2.05% on a 5 year variable rate closed.
Need cash back with your mortgage: Lowest available mortgage rate 5.25% on a 5 year fixed rate closed with 5% cash back
Already have a mortgage and not moving and looking for a long term: Lowest available mortgage rate 5.20% on a 10 year fixed rate closed.
Average Mortgage Interest Rates in USA
30 year fixed rate: 5.06%
15 year fixed rate: 4.64%
5/1 ARM: 4.20%
Unfortunately, I cannot post the name of the financial institutions that are offering these rates. These rates are also subject to change at any time and are only good for November 11, 2009. They could change at any time after this date. Please use the form below, and I will provide the name of the firm for the selected product. This website has no relation to these firms.
All quoted mortgage rates are subject to change at any time and without warning.
Compare Rates with Previous Posts:
- Mortgage Interest Rate Update – Lowest Available Rates – October 16, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – September 17, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – June 11, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – June 2, 2009
Save your Mortgage from the Bank. Simply Mortgages can Help!
Welcome back!
Mortgage Bits: Cheap Money to Continue Indefinitely
Posted by Top Home Loans in Credit Information, Economy, Investing, Mortgage Rates on November 9, 2009
Over the weekend, the G20 met to discuss cheap money. Interest rates have been at record low levels for periods of over a year and show no sign of increasing. These low interest rates, in an effort to defer recession, have been continued on in an attempt to restore the economy.
So far this has shown some positive gains, and the manipulation of monetary policy has saved thousands of jobs and has kept the economy from imploding.
How long can we have cheap money for? As long as the inflation rate is kept lower than the interest rates, then the interests rates can be kept at these low levels. However, once enough money has been returned to the marketplace, then interest rates will begin to go higher.
Unfortunately, while interest rates remain low, you may see your pay check staying the same or decreasing over the next few years.
When will the economy finally recover?
Unfortunately, the G20 said they need to continue to keep interest rates low to stimulate the economy. This is a bad sign for many; however, enjoy the cheap money while you can, someday it will be gone soon it will be gone.
Save your Mortgage from the Bank. Simply Mortgages can Help!
Mortgage Interest Rate Update – Lowest Available Rates – October 16, 2009
Posted by Top Home Loans in Mortgage Advice, Mortgage News, Mortgage Rates on October 16, 2009
When refinancing, transferring, buying, or selling, you want to make sure that you have the best mortgage rate. It is important to have a low rate in order to be able to pay off your mortgage faster, and you will have lower monthly payments.
Lowest Mortgage Interest Rates in Canada
Buying a new house: Lowest available mortgage rate 3.67% on a 5 year fixed rate closed.
Buying a new house: Lowest available mortgage rate 2.15% on a 5 year variable rate closed.
Already have a mortgage and not moving: Lowest available mortgage rate 3.67% on a 5 year fixed rate closed.
Already have a mortgage and not moving: Lowest available mortgage rate 2.15% on a 5 year variable rate closed.
Need cash back with your mortgage: Lowest available mortgage rate 4.85% on a 5 year fixed rate closed with 5% cash back
Already have a mortgage and not moving and looking for a long term: Lowest available mortgage rate 5.20% on a 10 year fixed rate closed.
Average Mortgage Interest Rates in USA
30 year fixed rate: 5.05%
15 year fixed rate: 4.60%
5/1 ARM: 4.07%
Unfortunately, I cannot post the name of the financial institutions that are offering these rates. These rates are also subject to change at any time and are only good for October 16, 2009. They could change at any time after this date. Please use the form below, and I will provide the name of the firm for the selected product. This website has no relation to these firms.
All quoted mortgage rates are subject to change at any time and without warning.
Compare Rates with Previous Posts:
- Mortgage Interest Rate Update – Lowest Available Rates – September 17, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – June 11, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – June 2, 2009
- Mortgage Interest Rate Update – Lowest Available Rates – May 9, 2009