First - time home buyers, veterans or people purchasing in a federally designated target area are eligible for this fixed - rate mortgage priced below the standard conventional interest rate. (wheda.com)
Typically, interest rates for 20 year mortgages are equal to or slightly lower than that of 30 year conventional mortgage pricing. (resourcelenders.com)
Borrowers will be able to get better bargains and better mortgage prices. (syndicatemortgages.com)