Question by niki: Which bank is providing home loan on lowest rate of interest.?
I am planning to take loan of 23 lacs for a flat. The flats would be built and sold by a company. The company has collaboration with some of Indian banks like LIC housing finance, order cure Axis, etc. Please advice me which bank is providing lowest rate of interest on home loans and which is the right bank in this way forward.
Best answer:
Answer by Veers ???????
State bank of India is offering at 8% which is lower than others.
Add your own answer in the comments!
Question by peeboo6es2003: what have the mortgage rates fallen to this week?
I know the mortgage rates fell this week, stuff but what did they fall to? How long will this last? I am currently looking for a home, recipe so it would be good info. to know. Thanks.
Best answer:
Answer by Carolinahomerates.com
30yr fixed with 5% down…720+ credit scores fell down to 6%….now they are trending around 6.125% and 6.25%
FHA mortgages with 2.25% down…..are like 6.75%, and could be going up.
Remember that a rate can be low but how many points you’re paying is ANOTHER STORY. you can have a low rate, but is it worth paying an extra point or 2?
http://freddiemac.com/ is the only legitimate website that shows you what the actual rates borrowers are ACTUALLY receiving.
do not be fooled by advertisements.
What do you think? Answer below!
Easy to find out. Check out Bankrate.com and you can see the most common mortgages right on their home page. It is a great site for all kinds of information on mortgages, loans, CD’s, bonds, etc. Anything that has anything to do with rates. BTW, the most recent 30 yr fixed mortgage is 5.95%
right now a well qualified buyer can get a 5.875% on a 30 year fixed if you locked today thats interest rate not APR