Current Mortgage Rates on February 22, 2012

When looking for a home loan it’s important to do your research and figure out what option will work the best for you when it comes to the interest rate, loan term, and total amount of interest paid.

We believe that getting a fixed rate mortgage is usually going to be the best choice for most of you, although in some rare instances  an ARM might be a good option, if its known that you would be moving in a few years.

Buying our very First Home

When we bought our first home in 2008, I remember digging through the internet trying to compare fixed mortgage interest rates and trying to find the best and lowest rate. It may be a lot of work than just hiring the lender down the street, but ultimately it got us a lower interest rate on our mortgage which will save us thousands of dollars over the life span of the loan.

 

Introducing CapWest Mortgage, our Featured Mortgage Lender

From time to time we feature a mortgage company that has something to set them apart from the others. Capwest Mortgage is a good candidate for this feature.

  • They’re a 103 year old family-owned bank.
  • CapWest Mortgage is a Costco-approved, national lender.
  • If you’re a Costco member, you can call to get special discounts!
  • Lower rates if you have good credit!
  • No discount points or origination points.
  • Any time you come back to CapWest Mortgage to refinance a loan or purchase a new home, they’ll close your loan for free. (Check out their Customer for Life Guarantee)
  • To get a free quote and see how much CapWest can save you on your mortgage payments, click on the banner below, then fill out basic information to start. It just takes a few minutes!
  • You can read our detailed Review of Capwest Mortgage to get familiar with this lender

 

Updated Mortgage Rates in your Area

Get familiar with the vocabulary with these Real Estate Mortgage Loan Terms and Lingo !

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