Atlanta 5/31/2012 5:00:00 PM
News / Finance

Low Interest Mortgage Rates Determining Factor in Value of Home Loan

There are a number of steps that must be taken before a homebuyer actually moves into a home, not the least of which is securing a favorable home loan from a lender. While it has been well documented that the housing market continues to favor the buyer these conditions are only advantageous when a low interest mortgage rate is tied to the home loan.

 

At first glance homebuyers may think that the current mortgage rates are all very similar, maybe just a fraction of a percent difference amongst lenders. The reality is this fraction of a percent can be the determining factor in whether or not a home loan is approved.

 

Understanding the significance of low interest mortgage rates Bank of Internet USA, America’s oldest and most trusted Internet bank, is committed to providing homebuyers with the most competitive mortgage interest rates available, improving their buying power and moving them one step closer to purchasing their dream home.

 

To learn more about the competitive low interest mortgage rates available at Bank of Internet USA speak with a mortgage consultant. The mortgage consultants at Bank of Internet have extensive experience in working with homebuyers and walking them through the process of home ownership; they can answer any questions you may have about mortgage interest rates and help familiarize you on your options for a favorable loan.