It continues to be an interesting trend, that of mortgage interest rates. It is fair to say on any given day I will see lender interest rate updates in which a lender has provided us with a promotional offer. These offers range from limited time specials on variable rate mortgages, 5 year fixed mortgages and even odd term mortgages, like 4 years. They include different interest rates if a deal can close within 30 days, 45 days, 60 days. They include different interest rates depending on a client's down payment, less than 20% or more than 20%. They include different qualifying interest rates depending on amortization period, 25yrs and under or over 25yrs. Now, more than ever, is the time to seek the knowledge and experience of a Mortgage Professional to ensure you are receiving the right mortgage product and interest rate that you deserve!