Sentences with phrase «great interest rates on home loans»

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For those who want certainty in their repayment schedule a fixed interest rate on the home loan can be a great option.

Interest rates remain historically low on Jumbo Loans, so now is a great time to lock in a low rate on a mortgage to finance the purchase of a new home or refinance your current mortgage.

If you don't envision a lot of instances where you'd need to regularly access a physical bank branch away from home, a smaller community bank, like Dime Community Bank, or a credit union could be a great choice, since they generally come with higher interest rates on accounts and lower rates on loans and lines of credit.

This temporary program, which is only available on Fannie Mae or Freddie Mac mortgage loans, allows you to take advantage of lower interest rates by refinancing your existing mortgage loans, even if the balance is greater than the value of your home.

Increasing your home loan repayments while interest rates are low is a great way to get ahead on your mortgage.

Even if you already have a mortgage on your home, the available equity on your property can be used to secure an additional loan with great terms: a home equity loan can provide you with significant amounts of money, a low interest rate and very flexible repayment programs.

What's great about a home equity line of credit, is the fact that they usually come with lower interest rates compared to the interest rate on a personal loan from a bank.

For example, on a $ 300,000 home purchase where you put down 20 % for a 30 - year fixed loan, with a great credit score (720 +) your monthly payment would be approximately $ 1,064.35 with a 3.4 % interest rate.