What is a good mortgage interest rate these days?

Question

What is a good mortgage interest rate these days?

Answer 1

For a 30 year fixed rate, around 6.35%. Rates very depending on the loan type, amount and credit history of the applicatant, this site has a bunch of banks and rates listed,

http://www.monitorbankrates.com/mortgage...

Answer 2

A good rate really depends on the lending institution and type of loan .... as wellas the location of the property and YOU /

However; just as a mild off the cuff guess ... I'd have to say anything around 6% is GOOD ....

Take note to SHOP around before accepting a loan ....

Get your loan thru a DIRECT LENDER as you will spend more going thru a Mortgage Broker by paying their fees at closing .... and getting about another 1/2 % higher or MORE interest rate ...

Answer 3

Depends what type of loan you are looking for, the bank quoting you and your location.

Answer 4

depends on the product and what zone in the country you are in. Fixed 30 around 6.875% there abouts