With the activity in the housing market starting to pick up it comes as no surprise that many Americans are searching to compare mortgage interest rates today. Both military and VA loans and FHA interest rates are very low at the present time. By contacting your lender there is a very good possibility that you could qualify for interest rates well below 6% if you have a decent credit.


If you have a very good credit score and you have a very low debt to income ratio then there is a possibility that you could get a mortgage rate under 5%. Many mortgage lenders have reported that FHA mortgage interest rates are coming in very close to conventional mortgage rates. At the present time we are seeing the 30 year conventional mortgage rate around 4.9%.

Before making any financial decision in your life it is extremely important to do your research. With the advancements in technology it is much easier than it has ever been to do mortgage interest rate research online. Take the time and effort to make certain that you are getting the best possible interest rate but also getting great customer service.

Author: Tiffany Mann