Philadelphia, PA (PRWEB) April 17, 2013
Home Finance of America, a national leader in Internet-based home mortgage lending headquartered in Pennsylvania, is currently offering the lowest fixed mortgage rates in company history for new refinance and purchase transactions. As of Wednesday, April 17, 2013, qualified applicants are able to obtain a 15-year fixed rate mortgage with Home Finance of America at an interest rate of 2.375% (APR 2.600%) with no origination points. This 15-year interest rate is the lowest fixed mortgage rate Home Finance of America has offered since they opened in 1993.
As of Wednesday, April 17, 2013 qualified applicants looking to reduce their monthly mortgage payments are able to obtain a 30-year fixed rate mortgage at an interest rate of 3.250% (APR 3.386%) with no origination points. On a $200,000 mortgage the resulting monthly mortgage payment at this interest rate would only be $870.41.
The principals at Home Finance of America along with economists agree that the current market conditions make now one of the best times ever to purchase a new home or refinance an existing home loan. External market conditions can cause interest rates to rise quickly with little notice. It’s important for those consumers that are able to take advantage of the great deals companies like Home Finance of America are offering to act quickly. Consumers should recognize the importance of contacting only a direct home mortgage lender like Home Finance of America that offers applicants the ability to lock their interest rate immediately. Home Finance of America employs a team of fully licensed loan officers ready to accept new mortgage applications by phone.
About Home Finance of America:
Since 1993, Home Finance of America has specialized in originating low rate residential loans to qualified borrowers. They are headquartered just outside of Philadelphia, PA. As a direct mortgage lender, HFA can lock-in low rates at application, and with an A+ rating with the Better Business Bureau; borrowers are assured that their customer service is the best in the mortgage business. Borrowers can apply by phone by calling 1-800-358-5626.