What’s a good rate for primary?

[Cailyn C.]

Assuming having best credit score and no problem in debt income ratio, what is now a good rate for 30 yr fixed 20% or more down for primary residential ?

[Michael Dumler]

@Cailyn C. national interest rates are still at an all time low. As you mentioned, obtaining a low interest rate is dependent upon the borrowers DTI, credit score, W2 income, intended purchase price, etc. For this case, 30 yr fixed 20% down, anything at 3% or below is excellent in my opinion. Always best for the borrower to shop around and compare rates across multiple lenders.