2007-03-12 05:23:47 · 11 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Countrywide is offering the no closing costs right now.
Go to their website www.countrywide.com
Good Luck!
2007-03-12 05:26:37 · answer #1 · answered by Jo 6 · 0⤊ 1⤋
The trouble is, they all keep bringing out new offers, so the best rate changes every few weeks. Buy the Guardian on Saturday and look at the Money section - every week it publishes the current top ten best mortgage rates, as well as the best savings accounts, etc. Alternatively, look at their website. They have no axe to grind and the info is updated weekly. Good Luck
2007-03-12 06:47:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That depends on what type of financing you are looking for and what you mean by "best offer".
We all sell to the same investors so there won't be large variations in interest rates offered. What will fluctuate is the cost to you of the financing and the level of customer service you get.
Interest rates change daily, in a volatile market, sometimes multiple times a day. In order to compare "apples to apples" I would recommend you compare the Annual Percentage Rate (APR) of the offers you are considering. Th APR is a reflection of the cost of the financing. The closer the APR is to the actual interest rate quoted, the more cost effective the financing.
Finally, remember that the rate you are quoted today may not be the rate you end up locking at unless you lock on the date the rate is quoted.
Feel free to email me if you have further questions.
2007-03-12 05:33:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Your 'best' mortgage offer is going to depend on your credit score, appraisal value, loan-to-value ratio, debit-to-income ratio, and whether you are taking cash out in the refinance. Right now there is a strong tightening of requirements within the lending industry. Appraisals are being reviewed more closely for value and area than in the past few years.
You should talk with a qualified loan officer in your area to determine what the market is doing in your area. Do not work with anyone who doesn't review all the above items, closing costs, and just those rates at you with nothing to back them up. You don't mention what type of mortgage you have now - adjustable or fixed - or the interest rate.
2007-03-12 05:31:25 · answer #4 · answered by Margaret K 3 · 1⤊ 1⤋
I find www.moneysupermarket.com is the best, as even idependent mortgage advisors can be pushy / pain in the *** by making u sign up 4 everything b4 they give you any advice.
But i'd still advise going to see an independent mortgage advisor before signing up for a mortgage with a building society or whoever.Just use moneysupermarket.com for your guide as to what you'd be paying back a month.
2007-03-12 09:19:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Fannie & Freddie now no longer have a hundred% mortgages by way of fact the PMI companies have stopped insuring them. There are some state companies that have bond money & supply down fee tips or the non-earnings companies such by way of fact the well-liked software (Genesis) could be used with FHA if the employer concurs to take area. VA nonetheless can provide a hundred% financing.
2016-12-14 17:10:30 · answer #6 · answered by zagel 4 · 0⤊ 0⤋
The rate you get will be caused by your fico score more than anything.
But the junk closing fees vary widely...you need to shop around.
2007-03-12 05:42:39 · answer #7 · answered by Anonymous · 0⤊ 0⤋
actually all of them seem to have something on. will have to look at each one. here is a list, some popular and some not so much. have to look at each of them.
2007-03-15 12:24:48 · answer #8 · answered by bidia 3 · 0⤊ 0⤋
it depends on what your credit score is and that will determine what your rate and payment will be. shot me an eamil letting me know what state you live in and i will let you know if i can do something for you.
2007-03-12 05:27:17 · answer #9 · answered by cmruffin1 2 · 0⤊ 1⤋
your best bet would be to ask an in dependant financial adviser
2007-03-12 05:26:46 · answer #10 · answered by barn owl 5 · 0⤊ 2⤋