Mortgage rates drop dramatically

Mortgage chart

Mortgage chart

For those looking to buy, 2011 should be another great year to finance a home. Though potential homeowners will face more requirements from lenders looking for higher credit scores and more documentation of income and debt, low mortgage rates should still be attractive to many.

Rates are expected to rise this year, but historically these mortgage options remain low—an appealing point to potential homeowners. Hiring a highly rated mortgage company could be the key to getting a foot in the door of your own home.



 

Add comment

Deals

What is Angie's List?

Angie’s List is the trusted site where more than 3 million households go to get ratings and reviews on everything from home repair to health care. Stop guessing when it comes to hiring! Check Angie’s List to find out who does the best work in town.

Local Discounts

Daily deals up to 70% off popular home improvement projects from top-rated contractors on Angie’s List!