Answers
What's a good mortgage rate?
A good mortgage rate if you're going for a 30 Year fixed is pretty close to 6%. The prime rate at this time is 5.875% and that's only for the VERY best credit possible. Any rate that's between 6% and 6.25%, I would be very happy with (only applies as long as your credit score is above 660).
Best Answer:
A good mortgage rate if you're going for a 30 Year fixed is pretty close to 6%. The prime rate at this time is 5.875% and that's only for the VERY best credit possible. Any rate that's between 6% and 6.25%, I would be very happy with (only applies as long as your credit score is above 660).
Answers:
now. anything under 5% fixed rate. please never get adjustable. on the adjustable it might start out 2%, but in two months they will jack it up to 22%