Is a 6 percent mortgage rate good?

Answer On One Hand: Current mortgage ratesThe national mortgage rate average for April 2010 hovered around 5 percent, according to Mortgage News Daily. A 6 percent mortgage rate adds quite a bit to the lo... Read More »

Top Q&A For: Is a 6 percent mortgage rate good

Does everyone get the 4 percent mortgage rate?

Not everyone qualifies for a 4 percent mortgage interest rate. Mortgage rates change daily, and many times a rate as low as 4 percent is not available at all. When it is available most likely it wi... Read More »

Can you get a good mortgage rate with a fico score of 623?

On One Hand: Low Credit ScoreAccording to Bankrate, a credit score of 623 places you just above the subprime loan category. Because of your low credit score, you will likely pay a higher interest r... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »

How Does the Prime Rate Impact a Mortgage Rate?

The prime rate is set by the Federal Reserve and is the interest rate lenders charge their most creditworthy customers. The "prime" fluctuates in relation to the fed fund rate from the Federal Res... Read More »