· Now that conventional 3% down loans are a reality, buyers have a real alternative to FHA. While the FHA loan has its benefits, it comes with high upfront fees and permanent mortgage insurance. The new conventional 97% LTV program is a safer bet for the future, requiring no upfront mortgage insurance fees and cancellable monthly PMI.
Pre Approved For House Loan 15 year mortgage interest rates today current Mortgage Rates | Bankrate | Call to lock in rate. – The average 30-year fixed mortgage rate is 4.44%, down 5 basis points from a week ago. 15-year fixed mortgage rates are 3.79%, down 4 basis points from a week ago.Learn How to Get Approved for a Mortgage Learn How to Get Approved for a Mortgage Learn how to get approved for a mortgage and some of the factors to consider when buying a home. How mortgages are approved Bank of America To get a clearer view of the mortgage process, it’s helpful to know some of the factors that will be considered when your mortgage application is reviewed.
The mortgage insurance (MI) company stock valuations remain very low. Essent and NMI, who both started up after the bubble, have essentially no claims payments. Not exactly signs of imminent danger.