In an effort to make homeownership more accessible and affordable, Nationwide has announced a reduction in mortgage rates for 90% and 95% loan-to-value (LTV) mortgages. The new rates offer up to 20 basis points (bps) reduction for those with a 90% LTV and up to 15 bps reduction for those with a 95% LTV.
This reduction in mortgage rates is a great opportunity for those looking to purchase a home or refinance their existing mortgage. With the lower rates, borrowers can save money on their monthly payments and potentially qualify for a larger loan amount. This could mean the difference between being able to afford a home or not.
The reduction in mortgage rates is part of Nationwide’s commitment to helping people achieve their homeownership goals. The company has also recently launched a range of new mortgage products, including fixed-rate mortgages, adjustable-rate mortgages, and interest-only mortgages. These products provide borrowers with more options when it comes to financing their home purchase.
Nationwide is also offering additional incentives for those who take out a mortgage with them. These include reduced fees, cashback offers, and exclusive discounts on home insurance. These incentives can help borrowers save even more money on their mortgage payments.
For those looking to purchase a home or refinance their existing mortgage, the reduced mortgage rates offered by Nationwide are an excellent opportunity. With the lower rates, borrowers can save money on their monthly payments and potentially qualify for a larger loan amount. This could mean the difference between being able to afford a home or not.
For more information about Nationwide’s reduced mortgage rates and other incentives, visit their website or contact one of their knowledgeable representatives.