Posted on: 12th Jun, 2010 11:10 am
is it still possible for to get a 4/5% interest rate right now
yes it is still possible. Your interest rate is going to be based on your credit status. As we all know individuals with the highest credit scores will get the best deals on everything relating to financing and borrowing.
Check around for mortgage rates with different mortgage companies and bank. you should have an ideas of what kind of credit you have, and expect interest rates on mortgages based on your credit score. 5% interest rate will for those people having excellent credit at the moment.
Check around for mortgage rates with different mortgage companies and bank. you should have an ideas of what kind of credit you have, and expect interest rates on mortgages based on your credit score. 5% interest rate will for those people having excellent credit at the moment.
YES!! It's tougher to get approved and you will be required to supply more documentation this time around but, Rates are back at ALL TIME LOWS!
