by Admin
26. August 2010 22:27
ING Direct via their Easy Orange Mortgage product is offering their lowest mortgage rates in the companies history at a 3.125%.
The email that I received mentions that the closing costs are waived if below $1000.00 and are good until 09/05/2010 up to $750,000.00 with no points or rate buy downs.
This rate is quite low considering that zillow is advertising a 30 year fixed for 4.26% and a 15 year fixed at 3.80%, take note though that the 3.125% is only good for the first 5 years and requires a credit score of at least 700.
With foreclosure rates at an all time high and unemployment at record levels, this "deal" from ING Direct is great for people with better than average credit scores but for most people that are facing foreclosure, huge credit card bills in the 10's of thousands of dollars, creditors hounding them day and night it is not something that allot of people will be able to take advantage of.
Refinancing rates have come down a bit too, check out the latest Google refinance comparison calculator.
If you need an ing loan modification in 2010 then please contact us today.
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