The first question that almost everybody asks when shopping for a mortgage is “What is today’s interest rate?”  So the answer today, August 19, 2010 is:

4.125%

Now that is a bit like asking about the price of a vehicle.  There is a base price and then depending on different features, there is the actual price.

Today’s rate of 4.125% is based on the following features:

• 30 Year Fixed Rate Mortgage
• Based on paying 1 point (1 percent of the loan amount)
• Purchase
• Owner Occupied
• Single Family Residence
• 20% down payment
• Credit score of 740 or higher
• Mortgage of $625,500 or less (this is conforming in Hawaii)

Let me  help you to get the best interest rate and the best loan product for your financial situation. Loan products are available for single family residences, land, multi-unit properties, condos, condotels and CPR'd properties. Conforming and Jumbo, Conventional, Rural Housing and VA loan products are all available. Rates are very competitive.  Providing you with excellent customer service is my specialty. Please give me a call to discuss any real estate financing questions.