Home mortgage refinance loan rates aren’t very attractive levels in many homeowners could benefit greatly by going to the refinance process today. We are currently seeing the lowest interest rates in US housing market history when it comes to the 30 year fixed mortgage. Many mortgage lenders are quoting 30 year fixed rates as low as 4.25%.
It usually takes a great credit score and a very low debt to income ratio to have any opportunities to login to the lowest possible mortgage refinance rates today. By having a credit score above 740 and the debt to income ratio is currently below 40% many homeowners will position themselves very well when it comes to locking into the lowest possible mortgage interest rates.
Taking the time and effort to do research is very important when making any major financial decision. When it comes to locking into a home loan it is important to have a very good relationship with the mortgage lender. Most homeowners will have a very long relationship with these lenders today will want to make certain that they are receiving the best customer service possible.
Author: Jeremy North
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