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MORTGAGE RATES NEAR RECORD LOWS!
November 2009 - Interest Rates for Home Mortgage Loans and Refinancing Loans remain near four months lows.

The Federal Reserve Bank recently extended its purchasing program of mortgage-backed securities, which drive interest rates for home mortgage loans. The FED plans to buy up to a total of $1.25 Trillion dollars in Mortgage Backed Securities (MBS). through this program with the aim of driving down interest rates in order to make house loans more available for a home purchase loan or refinancing loan.

What does this mean to you? Simply put, it means that while this program is in place we are likely going to see the lowest interest rates on record. Don't wait for rates to rise, that could be costly. Let ENG Lending help you take advantage of these exciting low rates with a home loan and get the result you want: approval!

What are you looking to accomplish?

Compare Loans
Regardless if your are purchasing a home or refinancing a loan, it is important to know your options to determine the best home loan for your financial situation. A home loan comparison is essential to get a clear picture of available programs.

Loan Helper
Using our Loan Helper can be very useful in helping you decide which type of house loan or refinancing mortgage loan could be the right fit for your current circumstances. Learn about Conventional Loans, FHA Loans, VA Loans, USDA Loans.

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