All time low mortgage rates – Is it time to buy or refi?
How low can they go? El Paso Texas mortgage brokers are getting 3.95% and lower for Fort Bliss home buyers. This is particularly important for all the military buyers transferring to El Paso Texas as a result of BRAC, 1st AD, soldiers returning from Iraq and the possible selection for a new security forces regional training center.
Fixed mortgage rates dropped again to a record low. The national average rate on the 15-year fixed mortgage fell to 3.21% from 3.27%. The average rate on the 30-year fixed loan has been below 5% for all but two weeks in the past year, and many homeowners who can afford to refinance already have. For El Paso Preferred VA Lenders contact RE/MAX in El Paso, Texas.
Today’s rates with Tri State Mortgage
VA 4.00% for 30 yrs (4.30 APR) and 3.50% for 15 yrs. (3.97 APR) |
FHA 4.125% for 30 yrs (APR 5.1%) |
Conventional rate for a credit score of >720 for 30 yrs is 4.375% (5.2 APR) |
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