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Best rates on 30-Year Mortgages - Ratelines.com

Best rates on 30-Year Mortgages

The most favorable interest rates on 30-year fixed mortgage rates at this time are from AimLoan.com. You can now get a 30-year mortgage for as low as 4.375% with only $1,995 in fees and 1.973 discount points (prepaid interest equal to 1% of the amount borrowed).

If you prefer a loan with no points or fees, the rate is 4.75%, and a monthly payment of $521. The figure may not seem too attractive, but the San Diego based on-line lender’s fees are much better than the national average of 5.12% for 30-year fixed rate mortgages with no fees or points.

AimLoan mortgages are available in all but five states (New York, New Jersey, Nevada, Kansas and Pennsylvania).

Those with credit scores lower than 700 points are not eligible. The load should be a conforming loan, which means it has to be for less than $417,000 to $729,500 (the amount varies from market to market).

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