Home Mortgage

What is a good rate for a fixed mortgage?

Posted by admin on July 21, 2010 Leave a comment (3) Go to comments

I got a quote from http://get-a-home-loan.net at 4% fixed for 15 years is this a good deal or not?

Wow, Amy. That’s a really good rate. You’re not trying to get us ALL to go to that site, are you? Because that would be SPAM and I don’t think Yahoo! will look to favorably on that.

fixed home mortgage

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3 Comments.

?man July 21, 2010 at 7:55 am

I don’t know about the source of your quote…seems unlikely and i would be skeptical. You need to consider factors other than the APR (all associated loan costs). But to answer your question a 4% APR on a 15 yr fixed loan might not be a bad rate if you can afford to pay the loan off in 15 years.
References :
homeschoolmom July 21, 2010 at 8:34 am

Wow, Amy. That’s a really good rate. You’re not trying to get us ALL to go to that site, are you? Because that would be SPAM and I don’t think Yahoo! will look to favorably on that.
References :
Kim K July 21, 2010 at 8:52 am

I have been in the mortgage industry for 8 years now as a mortgage processor and I can tell you without a doubt, there is no way you are going to get 4% on a 30 year fixed rate mortgage.
References :