The lenders above offer some of the lowest rates and programs available in the current lending climate we're in. With the financial crisis, the Federal Reserve Board has committed to stimulating the economy, by keeping 30 year fixed mortgage rates low in an effort to boost the economy via the housing market.

As with all credit in today’s market, credit scores are paramount to the best rates. Don’t be discouraged if you don’t have super high credit scores, as with the rock bottom mortgage rates today, you can still get a fantastic mortgage! Even if you’re slightly higher rate than the best available, its still lower than many generations have had in the past. In the late seventies and early eighties, interest rates were in double digits. That’s over 10% Yikes!

30 year fixed mortgage rates today are better than half of that, so considerably cheaper than in times past. Interest rate is only a portion of the factors to consider with your new loan. In addition to rate, verify all fees as well as any out of pocket expenses prior to proceeding with any financial institution, whether it be a bank or mortgage broker. Lastly, make sure you get an itemized Good Faith Estimate and any conditions of your loan in writing prior to committing to any out of pocket expenses.

If you have any questions regarding 30 year fixed mortgage rates, please contact us!