Today’s lowest FHA mortgage rates are a hot topic as many Americas are looking to lock in to low interest rates. ?At the present time Wells Fargo, Bank of America, Citi and Chase are all offering conventional mortgage rates below 5% for well qualified borrowers. ?A solid credit score is need to lock in there rates.


With a credit score above 740 and a low debt to income ratio you could see FHA mortgage rates very low. ?Many mortgage lenders are reporting that FHA rates and conventional mortgage rates are coming in very close. ?With this being the case look for FHA rates under 5%.

It is important to note that there are many other mortgage lenders then just Bank of America, Wells Fargo, Chase, and Citi. ?These are the big four banks but it may be wise to do research on banks and lenders in your local area to get the best overall interest rate available.

When making any financial decision in your life it is very important to step back and look at the big picture. ?Before going into this process it would be wise to make certain that you have the financial backing need for your financial endeavors.

Author: Jeremy North