Topic: What is the current interest rate for home loans?

This message was edited 2 times. Last update was at 16/12/2009 09:28:53

I work for a private mortgage lender and qualified borrowers have no problem accessing home loans. We did over a billion worth of loans last month. The problem in the credit market is overnight loans between banks and corporations to cover immediate costs. Not necessarily the home loans market.

A good rate now if your credit is 680 or more and you have a good down payment or equity is around 6%. is good to find base average rates on home loans, car loans, school loans, anything financial in nature.

This message was edited 1 time. Last update was at 05/02/2010 09:09:02

hello,
i thought about you and i will contact with my friend who knows about the home lone if he give me any answer for your question i will suggested you. so thanks for sharing this information.

thanks

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