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Loan Type Type of Home Credit type
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Purpose: State: Loan Amount: Loan Type: Points:
$ GO
Institution Payments Rates Apr Points Fees Last Update   Phone
AimLoan.com – A Direct Lender $1140.13 3.625% 3.754% 0.789% $1950.00 10/07/2011
AimLoan.com – A Direct Lender $1157.79 3.750% 3.814% 0.000% $1950.00 10/07/2011
AimLoan.com – A Direct Lender $1122.61 3.500% 3.703% 1.697% $1950.00 10/07/2011
Data provided by Informa Research Services click here for details

Current Mortgage Rates


The Mississippi housing market remains quite distressed, never having truly recovered from the twin blows of Hurricane Katrina and the recent economic downturn. While both new construction starts and sales of existing housing stock are slow, good mortgage rates are available to home buyers and investors with good credit. Mississippi mortgage rates are low, thanks to the low Federal interest rate, but lenders are cautious because of the present depressed state of the housing market in Mississippi.

Banks and other lenders are giving incentives to customers with good credit, and subsidized programs such as FHA loans and VA loans that provide lowered rates are still available in Mississippi. Good mortgage rates are available from national banks that provide mortgage lending services in the state, as well as from local banks and savings and loan associations. There are also mortgage lenders that specialize in regional or statewide mortgage lending as well as Mississippi branches of national mortgage lenders competing in the home financing mortgage market in certain areas or throughout the state of Mississippi.

Mississippi mortgage rates, like rates in all other parts of the country, depend on the terms and conditions of the mortgage. 30-year adjustable mortgages and 7-year fixed mortgages are offered at different rates that also depend on the amount that is being lent and the location and condition of the home that is being mortgaged. It may be extremely difficult for first-time buyers with no credit history or buyers with a poor credit history to get financing in Mississippi, and some properties may be too distressed for lenders to consider. Still, any prospective home buyer should check any possible avenues for financing when shopping for a new home. Some sellers, whether private or corporate, may even offer their own financing in Mississippi in order to be able to sell their homes.

Good mortgage rates are available in Mississippi to qualified buyers of qualified primary, vacation and investment homes. Look for the best Mississippi mortgage rates from all possible sources – check online bank and lender sites, online comparison sites, contact mortgage brokers and even speak to sellers themselves before you decide on financing for your new home in Mississippi.

4.25% 30 Year Fixed Rate
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