What is good mortgage rate?

[speedracer]

Info please?

[srdh21]

the one you would qualify for, anything close to 3.75 APR (30 yr fixed)

 

check this http://www.bankrate.com/mortgage-rates/?type=newmortgage&propertyvalue=300000&loan=270000&perc=10&prods=1&fico=740&points=Zero&zipcode=73105&cs=1

[jays02]

Around 30-Year Fixed  RATE  3.875% APR 3.997%.

Did anyone take from credit unions? Is it better than Bank or outside?

[srdh21]

7 minutes ago, jays02 said:

Around 30-Year Fixed  RATE  3.875% APR 3.997%.

Did anyone take from credit unions? Is it better than Bank or outside?

you can shop from any lender who happen to give you best rate, check their closing costs

the lenders typically play around with APR and Closing costs, you may get low APR buy closing costs might be high

sometimes, lenders  do offer lender credit around 1000-2000$, that is typically on Tuesdays when volume of loans will be low

[srdh21]

rates depend on zip code, your credit score, down payment, term

20 yrs loan is way better than 30 yr, you will pay more towards principal and not that aggressive as 15 yr, you will get better rate too

[speedracer]

1 hour ago, srdh21 said:

you can shop from any lender who happen to give you best rate, check their closing costs

the lenders typically play around with APR and Closing costs, you may get low APR buy closing costs might be high

sometimes, lenders  do offer lender credit around 1000-2000$, that is typically on Tuesdays when volume of loans will be low

What is lender credit?