Is 6.375% a good interest rate on a 30-year fixed rate mortgage?
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Sounds pretty good. But do some more shopping for a better deal that might be out there. If no one can beat it GO FOR IT!! That's what the shopping is for-to make sure you got the best deal for you.
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Is 6.375% a good interest rate on a 30-year fixed rate mortgage?I think Myron gave you a very good answer but he didnt point out that a no points feature and the typical adder to rate for condo loans are what makes the 6.375 rate a good one. Have your agent jump on getting the condo associations resale certificate so the lender can approve the property and lock the rate.
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