American Interbanc Offers Competitive Mortgage Rates

American Interbank.com is currently offering some of the most competitive mortgage rates today. With a 30 year fixed mortgage set at a loan amount of $417,000, the lender is offering a rate as low as 3.994%. This rate is considerably lower than other lenders, other rates are 4.04% from Aimloan.com, and 4.032% from Loan Depot. The lender has consistently shown lower rates when the loan amount was varied, making it a great choice for those who are looking for some financial assistance.

About American Interbanc

American Interbanc is considered to be an “A” paper lender, and they pride themselves in not taking advantage of those who have poor credit scores while putting them in unfavorable mortgage terms. Their rates are in a “what you see is what you get” basis, meaning the rates are not open for negotiation. Whatever their posted rates, shall be what the borrowers can lock in.

Why American Interbanc is Cheaper

There are several advantages that American Interbanc has to offer which is precisely the reason why they can market lower rates. First of all, American Interbanc is the lender itself and not a mortgage broker, reducing fees and giving an economic advantage that mortgage brokers cannot overcome. Secondly, it is an internet exclusive mortgage banker, thus having lesser overhead cost as compared to brick and mortar lenders. These two advantages easily allows American Interbanc to give back to their consumers in the form of competitive rates.

Credibility

American Interbanc is currently in good standing with the BBB, or Better Business Bureau. Within the last three years, the business has only received 7 consumer complaints all of which has already been closed. American Interbanc also received the award of “Most Honest Lender” by Americas Watchdog.

Other Services

American Interbanc offers 24 hour online applications and a detailed breakdown of loan charges down to the last penny. The application and loan process is all done online. They also provide a help and advice hotline with a toll free number.


Aimloan.com Offers Lowest Mortgage Rates!

We all know that mortgage rates are dipping lower and lower with the current status of the economy. Although a bleak economy can mean bad things for individuals, one of the positive sides to it is the availability of low mortgage rates. If you’ve recognized the opportunity of getting a new mortgage or refinancing now, then these low mortgage rates are certainly good news for you.

One of the lowest mortgage rates available is from Aimloan.com. Currently, they are offering an extremely low rate of 3.625% on a fixed 30-year mortgage. This is much lower than the national average of 4.3% which is already down 3 points from last week. Aimloan also bagged the lowest mortgage rates for July, and is apparently remaining to be one of the best providers for discounted mortgage rates.

Aimloan.com was founded in 1998 as an Internet Direct Lender which was aimed to use technology in a way that will bring down costs, thus returning more to their investors through offering lower interest rates. Their system eliminates the need for a mortgage broker and a commissioned loan officer which are some of the highest cost components of the mortgage process. Up to this day, Aimloan has funded over 33,000 customers reaching a total of $9 billion in mortgages. It is also available in 46 states nationwide.

Other mortgage rates from Aimloan include:

* 15 year fixed mortgage at $417,000 – 2.875%
* 5/1 ARM at $417,000 – 2.00%
* 30 year fixed mortgage at $625,500 – 3.750%

Aimloan is also federal and state regulated and remains in good standing with regulatory agencies such as Freddie Mac, Fannie Mae and 46 other State Licensing Agencies. Finally, one of the best things about Aimloan is that it features a user friendly application that can be completed in just 20 minutes. Loan approval is also automated and can be seen in just 60 seconds.

Don’t miss out on the chance to get a loan at extremely juicy rates. With Aimloan’s low rates and fast approval, you’ll be getting a good deal on a home that would otherwise take you longer to pay off.


Mortgage Rates Still Low At The Start Of September

It’s the dawn of a new month but yet mortgage rates for housing markets still don’t seem to be looking up. Apparently there isn’t much improvement in the economy since last month as investors are still apprehensive about about the economy and the stagnant housing market.

Today, the 30-year fixed mortgage dropped 4 basis points down to 4.37 percent. A basis point is one-hundredth of 1 percentage point. So far, this has been the lowest rate level for the fixed rate mortgage rates for a total of 26 years. It seems the economy is making a habit of hitting record lows as it seems to surpass its lowest point every week. Last week was another historic low at 4.41 percent, but yet the rates seem to go even lower. With this ongoing trend, it’s no surprise to predict that next week will be seeing even lower results.

The 15-year fixed rate mortgage also fell with a whopping 15 basis points to only 3.48 percent. For 30 year jumbo mortgages, or those for more than $417,000, is now at 4.89 percent, which is again down 5 basis points from last week.

Adjustable rate mortgages are not getting any relief as well as the 5/1 ARM fell 5 basis points to 3.07 percent. The 5/1 ARM is actually has a fixed rate for 5 years before being adjusted annually thereafter.

Although now is considered to be the best time to shop and apply for mortgages because of the low rates, many home buyers and investors are not convinced that this is the smart decision. The volume of the applicants for mortgages declined a huge 9.6 percent last week as compared to the week before that according to the Mortgage Bankers Association survey. Most of the mortgage applications made last week were all about refinances.

This trend is expected to go on for as long as the U.S. Economy can’t recover. It’s time to really think about whether or not the economy can bounce back, and if history says it’s a yes, then there may be some clever thinking in investing in the housing market now.


Mortgage Rates Prediction August 22-26, 2011

Before we go on and analyze what’s going to be happening with mortgage rates this week, let’s first look at what happened last week. It seems as if mortgage rates are definitely dropping to historic lows, giving the lowest rates in the history of 50 years. As compared to last week’s low rate of 4.46% for the national average of 30-year fixed mortgages, this week’s national average dips even lower with a whopping 4.15% national average. Chances are, with an average like that, home buyers, refinancers and real estate investors are likely to find banks and other lenders who have rates at the upper 3% range.

The reason for a turbulent market last week is attached to renewed fears of debt contagion in Europe, as well as the possibility for the U.S. Economy to enter into a double dip recession. This week however, there are a couple of things to look forward to that can influence the market greatly. On Tuesday comes the new home sales for July, Wednesday is the Durable Goods Report, and Friday is the 2nd Quarter GDP and Fresh Consumer Sentiment Reports. Despite the historic low rates last week, analysts say that the rates did not fall as far as they were expected to, meaning, there is still room for the rates to go down. This week’s prediction is that the rates will see more low periods, and mortgage rates could still drop further to make new historic records.

Although a plummeting economy is generally bad for most, this could also mean a good time to buy for real estate investors and perhaps home buyers who are in the know. The same holds true for the stock market, and despite the volatility, veteran investors might be pressing on with their buying spree. Again, for those thinking about purchasing a new home or refinancing an old one, now would be the best time to act.


Mortgage Rates Expect More Volatility This Week

The roller coaster ride that is the US economy will be seeing more twists and turns this coming week. Last week, mortgage rates and treasury bonds experienced the lowest point last Wednesday, but picked up a few notches on Thursday and Friday. The low point came as a reaction to Standard and Poor’s change of rating. More volatility is expected this week and rate shoppers are just going to have to roll with the ride.

Mortgage rates are trending lower these past few weeks however, it has been noted to have its spikes especially when outside forces such as the Federal Reserve or the U.S. Government steps in. In the meantime, mortgage rate shoppers and interested real estate investors can have an early holiday with discounted rates much like Christmas sales.

Here is a list of banks with low mortgage rates to choose from:

1.Tri Counties Bank – 4.063%
2. Aimloan.com – 4.117% APR
3. Mortgage Capital – 4.125%
4. American Financial Resources Inc. – 4.125%
5. Aurora Bank – 4.170% APR
6. Investors Savings Bank – 4.172%
7. Rate Rabbit – 4.206%
8. American Interbank.com – 4.250%
9. Glendale Mortgage – 4.297%
10. Citizen’s Financial Bank – 4.359%

All rates are for 30 year fixed mortgages. The national average is 4.46%, so all rates presented above are below the average rates. Not all banks and rates are available in all states. Availability can be checked online. Although an economic turmoil generally spell bad news, this could also be a good time to buy investments such as stocks, and of course, real estate. Take advantage of these low rates while they’re still around.


4.326% Mortgage Rate From Nations Choice Mortgage

It’s almost the end of July and we’re all anticipating what August can offer. However, before we look ahead to the start of a new month, let’s not forget that there’s still a few more days left of July.

At the end of July the lowest mortgage rate is at 4.326%. This is much lower than last June’s rate of 4.488% by Aimloan.com. Today, Aimloan’s rate is at 4.350%, which comes second after the 4.326% rate offered by Nations Choice Mortgage. This lender has recently been dubbed by the Wallstreet Journal as one of the lenders who can offer the most “competitive rates”.

Nations Choice Mortgage has been around since 1994, serving homebuyers, real estate professionals and and builders. Considered to be a medium sized to large sized mortgage banker, Nations Choice is consistently generating over $1 Billion annually in residential mortgage paper. This is being done while serving and consulting with clients with residential needs.

Nations Choice Mortgage is purely a mortgage bank, meaning they don’t have services such as savings, checking, money market and certificates of deposit. In this way, their services are more focused for the consumers who are looking to buy a home. Not only do they offer loans for home purchases, they can also provide you with your home refinancing needs.

Refinancing your home with Nations Choice can help you potentially lower your existing mortgage payments, consolidate your debt, get money out of your mortgage, and keep your payments stable with a fixed rate loan.

Nations Choice Mortgage also makes the process easy, they have a quick quote option which allows you to input your details regarding your loan type, property type, loan amount and property value. This makes analyzing your potential amortization so much easier.

Nations Choice Mortgage representatives can be contacted via phone or email. They also have a loan specialist available and ready to talk with you.


4.488% Mortgage Rate From AimLoan This July!

We’ve just arrived at the start of July and it’s always interesting to see what a new month holds for mortgage rates. At the close of last month, our leading contender was Ever Bank with a low rate of 4.238% on a 30 year fixed mortgage. Now, Ever Bank’s rates have risen to nearly 3 points with a 4.500% rate on the same mortgage.

With Ever bank out of the lead, a new contender for low mortgages arises with 4.488% from Aimloan.com. Sure it’s still higher than last month’s 4.2, but nevertheless, it’s still the lowest we’ve got at this start of the month.

Aside from the 4.488% with the 30 year fixed mortgage, Aimloan provides a 3.250% rate on a 15 year fixed mortgage, and 2.250% rate for a 5/1 ARM. These rates do vary depending on the amount of loan you decide to take on. Finding out just how much (or how little) your rate will be is convenient since a rate calculator is available at their website.

Aimloan.com is an Internet direct lender using technology to provide lower rates and more convenient service to their customers. It’s system eliminates the mortgage broker and the loan officer, allowing consumers to save on costs. Plus, automatic underwriting services further decrease costs. Since it’s beginnings in the ripe year of 1998, Aimloan.com has since funded over $9 billion to about 33,000 customers. It is federal and state regulated and is licensed with Freddie Mac, Fannie Mae and 46 state licensing agencies.

Aimloan.com is available to almost anyone nationwide, serving a good 46 states with just a few clicks of the mouse. Service is unbelievably fast as it only takes 20 minutes to complete an online application, plus approval comes in just 60 seconds! Talk about speed.

Since Aimloan.com recognizes the need for quality service, customer service is dedicated in helping you get the loan that you need without the added hassles. With their competitive rates and ease of use, Aimloan can be every American’s answer to their dreams.


Mortgage Rates Dip!

As the US Economy experiences lows, and the stock market is going down with it, the housing market continues to be troubled indeed. This results in mortgage rates going down as well with fixed 30 year mortgages at 4.66 percent, compared to last week’s 4.71 percent.

15 year fixed rate mortgages are also experiencing a dip with a 3.83 percent rate, compared to last week’s 4.00 percent. Only the jumbo fixed rate mortgage digressed from the pack, with an increase in 3 basis points up to 5.23 percent this week.

Apparently the weakness in the housing market was reflected in the declining sales of existing homes, including single family units, town houses, condominiums and cooperatives. Although these might be distressing times for the US economy, these lows in mortgage rates can actually be a cause of rejoicing for those who are looking to a buy a new home.

Just like savvy stock market investors who actually thrive on economic crisis, home buyers can expect a buying spree, that is if they have the means. Real estate investors who have made it through the crunch can now use their creativity to purchase properties at all time low prices.

Here are some banking institutions that can give these low mortgage rates as reported. All rates are for 30 year fixed mortgages in annual percentage rates.

1. Ever Bank – 4.238%
2. AimLoan.com – 4.351%
3. Mortgage Capital – 4.375%
4. Total Mortgage – 4.400%
5. Pleasant Valley – 4.457%
6. Aurora Bank – 4.540%
7. WSFS Bank – 4.510%
8. Investors Savings Bank – 4.660%
9. Quicken Loans – 4.750%
10. CapWest Mortgage – 4.803%

Rates may vary with different states, so make sure to double check if the rates are the same for your area. Also, your state just might have some juicy finds when it comes to low mortgage rates. As Warren Buffet would say, “Be strong when others are fearful, and be fearful when others are strong”.


Amerisave gives low Mortgage Rates This June!

There’s no better feeling than owning your own home. But before that feeling of satisfaction comes a time of negotiation. And that’s not only for a good price, but for good mortgage rates as well. Own your home this June with low mortgage rates from Amerisave, saving you money down the future.

Getting a loan with Amerisave is made simple. First you search your rates and find the loans best for you, then simply download the loan documents, sign them, and mail them back to Amerisave.
Amerisave will then process and underwrite your loan subject to appraisal and inspection. Once that’s done, they will arrange to close your loan at an attorney’s office closest to you. It’s that simple!

Amerisave is also one of the largest retail mortgage lenders, providing low rates and excellent customer service. Shopping for mortgages is easy and hassle free because you can do it from the comfort of your own home with only the use of your computer. Here are Amerisave’s mortgage rates for the month of June:

1. 30 Year Fixed
Rate: 3.875%
APR: 4.226%

2. 15 Year Fixed

Rate: 3.250%
APR: 3.504%

3. 7 Year ARM
Rate: 2.250%
APR: 3.028%

4. 5 Year ARM
Rate: 1.625%
APR: 2.890%

5. 3 Year ARM

Rate: 1.750%
APR: 3.076%

Amerisave is backed by hundreds of customer feedback praising the quality of service, and the timeliness of action customer support of the Amerisave staff has shown. There are hundreds of employees under Amerisave in all 50 states within the country, making location not a problem. All mortgage products are offered including VA, USDA, Non Comforming Alt A and Full Eagle Direct Endorsement with FHA. With the wide range of products to choose from, it won’t be difficult to find the right loan for you.

Try applying for a mortgage with Amerisave now. Rates are low, service is good, now all you need is your application.


Amerisave Gives 4.375% Mortgage Rate

Amerisave is one of the largest retail mortgage lenders in the country that seeks to give loan services with convenience. Right now Amerisave is giving low mortgage rates with a 4.375% mortgage rate on a 30 year mortgage. Other mortgage rates from Amerisave are:

• 15 year fixed – 3.375%, APR at 4.063%
• 30 year fixed – 4.375%, APR at 4.703%
• 7 year ARM – 2.875%, APR at 4.063%

FHA Rates
• 30 year fixed – 4.250%, APR at 4.915%
• 15 year fixed – 3.750%, APR at 4.086%

Amerisave also has a website where loan application is made easy. All you have to do is search www.amerisave.com, and follow the steps indicated in the online process. For home refinancing, first search your rate and determine the best loan for your needs. Download the loan documents, sign, and mail them back to Amerisave. Amerisave will then process and underwrite your loan. Closing your loan can be done at home, or at an attorney’s office.

Home purchase also involves searching for the best loan and applying. Amerisave will process and underwrite the loan, but the loan will be subject to final appraisal and title inspection. If you’ve already found a property, forward a copy of your purchase contract and lock in your interest rate on the product of your choice. Amerisave offers appraisal of your new property, and they will arrange for the closing of your loan.

Amerisave has received many consumer testimonials about effectiveness and employee support, with good communication being one of the highlights. Amerisave also offers services for education, insurance, and credit cards.

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