Are condo mortgage rates higher?

you go, eric!

Its been a year since this topic was visited. What is the range in rates at present for SFR and condo for someone with above 750 credit score?? Plz note that I asked for a range, therefore actual state should not be a factor (?)

Hi Benk,

As far as I know, a 30 yr fixed rate mortgage is available at an interest rate of 4.57% approximately whereas a 15 yr fixed mortgage is available at a rate of 3.97% approximately.

Thanks

I am applying for a HARP LOAN AND THE LENDER(Sterling Bank) IS INCREASING THE INTEREST RATE BECAUSE IS A CONDO AND IT IS LESS THAN 150,000.00, The LTV given is 84% and my credit is excellent. Thanks for your attention.

Welcome alicia,

As far as I know, HARP can help qualified borrowers to lower their interest rates. You can once again try and negotiate the interest rates with your lender and check out if he gets ready to lower it.