While we would like to be able to post a general idea of the current interest rate, there are laws, with very stiff penalties for not adhering to them, that require the inclusion of strictly worded disclaimers that all but nullify the accuracy of any published rate.
And regarding accuracy, you should also know that current mortgage interest rates vary according to an individual’s current FICO score and financial status so any published rate you see in the media will in fact vary when matched up with your personal financial data.
You can and should regard interest rates promoted in the media as a general idea or perhaps a starting point for where your individual rate may be.
If you’re seriously in the market to purchase a home and interested in your actual interest rate, the hands-down best way is to submit a loan application that will provide the necessary information to determine what your actual rate will be. There is no obligation to submit an application. If you are ready to submit an application, CLICK HERE.
Being a mortgage broker, I have access to over 150 residential and commercial lenders. With that wide variety and number of lenders to select from, we’re able to provide you with options that enable you to discover the lending program that best fits your financial goals and individual scenario and one that has the interest rate that best fits your current financial status.
You won’t find options and choices like this at a bank or other mortgage lender.