What are some of the prevailing interest rates...
...Everyone knows that it is a good idea to shop around for a lender. I caution you, however, to look beyond the interest rates and look toward the expertise of the loan officer, the history of the lending institution, and service you will get from loan officers and lenders. Be certain to compare closing costs. REMEMBER, the lowest rate is not always the cheapest loan. Choosing a loan package is like buying a pair of shoes. Find the one that fits you best.
NOTE: The prevailing rates shown in national surveys may not match your local area. Call around before you commit to any mortgage.
Click Here to access a popular website for this time period's prevailing rates.