Whether you’re looking to buy, refinance, or use the equity in your home to do more of what you want, we’ve got you covered. Our local Mortgage Champions have already helped thousands find the right loan.
Jumbo Loan This loan is for those looking to finance a loan amount more than $484,350. Refinance Lower your mortgage payment or cash out the equity in your home to cover other expenses. VA Adjustable-Rate Mortgage A lower initial interest rate can help keep your costs down.
Low mortgage rates have many people thinking about buying a new home or refinancing their current mortgage. To take advantage, figure out your budget and get prequalified for a loan. Don’t jump too.
Know your Mortgage Loan options. fixed rate mortgage, Adjustable Rate Mortgage, Construction to Permanent, Veterans Administration (VA), or First Time Homebuyer options are available through BB&T Mortgage today. Contact a BB&T Mortgage Loan Officer today.
Bottom line: If you want the lowest possible mortgage interest rate, opt for a conforming loan if possible. If you live in a particularly expensive.
What is a Mortgage Rate? A mortgage rate is the interest rate on your home loan. There are many factors that go into deciding what your interest rate will be when securing a mortgage. These include inflation, the Federal Reserve, the yield on the 10-year Treasury note, your credit score and the mortgage company’s specific fees.
· Follow these tips to get a low rate on your mortgage and find the best mortgage lender. Clean Up Your Credit Report The best mortgages are reserved for borrowers with credit scores higher than 760, according to Consumer Reports.
The drop in refinances were driven by fewer FHA and VA loan applications. The adjustable-rate mortgage (arm) share of.
Rates for home loans tumbled for a third week, offering a glimmer of hope for would-be buyers. The 30-year fixed-rate mortgage averaged 4.63% in the Dec. 13 week, down 12 basis points and touching its.
FedChoice Federal Credit Union: Loans can be for periods of six to 36 months for interest rates as low as 2.5 percent. U.S. Bank: Qualifying U.S. Bank customers — including those with mortgages,
Current Freddie Mac Rates Fannie Mae and Freddie Mac are the two government-sponsored enterprises (gse) working to expand home ownership across the country. For several years now the housing market has been booming, due to increased opportunity through entities like the two GSEs, pricing, and other factors.