Is 3.5 A Good Mortgage Rate

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Is 3.75% a good interest rate for a mortgage? | Yahoo Answers – RE :Is 3.75% a good interest rate for a mortgage? -What is the average interest rate that first time homebuyers, or any homebuyer, gets? -What decides how high or low an interest rate is? -Is an interest rate the same for everyone across the board at a given time or, does it vary at all times?(I ask because, i hear a lot of "this is the best.

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Is 4.5% a good Mortgage rate for FHA loan? : personalfinance – I would wait until you can show rent as income on a tax return before you try to refinance. Like others said, 4.5% is not a bad rate all things considered, the best rates out there for FHA loans are like 3.5% or higher. My wife and I bought a cheaper home recently with income similar to yours and we got a rate just under 4%.

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Just Locked In a 3.75% Fixed Rate 30-Year Mortgage – Just Locked In a 3.75% Fixed Rate 30-Year Mortgage.. No closing with that good of a rate would be an extremely good deal. september 26, 2011 at 4:36 pm. Reply. DR September 27, 2011.

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7-Year ARM Mortgage Rates. A seven year mortgage, sometimes called a 7/1 ARM, is designed to give you the stability of fixed payments during the first 7 years of the loan, but also allows you to qualify at and pay at a lower rate of interest for the first five years.

Am I being offered a good mortgage rate? FHA 3.5% down 15. – The way they present mortgage loans is confusing, so I would like some input. I am a first time home buyer, so I am eligible for FHA programs. The bank is offering me 3.5% down, 15 years, at 4.375%. The points on it are -0.125%, so they credit back that portion of the entire loan amount.

Mortgage Payment Calculations for 3.50%: 3.5% for $100,000 – 30 Years Fixed Mortgage – $449 3.5% for $200,000 – 30 Years Fixed Mortgage – $898. If mortgage rates fall to around 3.5%, another 2.1 million borrowers would be able to refinance. That would bring the total number of loans eligible.