Home Loan Interest Rates

What type of mortgage loan interest can be expected?
Now my FICO is 630, I have the story of a bankruptcy 6 years ago I make 80k a year, my current debt is only a 6k car loan, oh and the dreaded 21k in student loans. I'm in California and 4 years ago I really wanted to buy a home before prices got out of control, but no bank contacted me despite a good race and the payment for my parents, who had 200k the rush? With a 630 FICO rates you will pay subprime mortgages, which is substantially higher than the 4.5% they are paying now. To answer your question, no, not get a decent original poster would be nuts to go out and refinance with a subprime lender at this time.
How Interest Rates Move
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Monthly Interest Amortization Tables $4.50 Loan amounts of $50 to $300,000. Interest rates of 2% to 25.75%. Terms up to 40 years…. |