Today's Mortgage Rates

Product (Rate Program)RateAPR


The hunt for a low rate Idaho mortgage can be tricky. Imagine being prequalified for an ARM that's tied to LIBOR or COFI, and wondering who LIBOR is and what he has to do with ARM and COFI. Don't worry... you're in the right place. has the resources to answer these questions and many more, including everything you need to learn about cash-out refinancing, home equity loans, interest-only mortgages, or even debt consolidation. You can start honing your mortgage knowledge by reviewing article topics and posted mortgage loan rates. You can also request personalized rate quotes that will help you calculate how much loan you can afford. Use those estimated interest rates to run scenarios on our mortgage calculators until you feel comfortable with the debt load and repayment amount. If you have questions specific to your situation, contact some of the lenders in our Idaho broker directory for personalized assistance.


As a subprime borrower in Idaho, your task is somewhat more challenging than your perfect-credit counterparts. While you're ready to recover from past credit troubles, some lenders might focus on your past rather than on your future. Your job, therefore, is threefold:

  • Talk to as many subprime or bad credit lenders as possible.
  • Gather written quotes.
  • Analyze quotes with a fine-tooth comb; watch for extra loan fees, balloon payments, and variable interest rates.

Loan Rates

Knowing which factors will influence your mortgage loan rate makes your mortgage search far more efficient. First, understand that economic trends tend to determine the range in which mortgage rates will fluctuate. Within that range, your offered rate might depend on:

  • How much you want to borrow relative to the home's value. On a purchase or refinance mortgage, you can get the best rate by borrowing 80 percent or less of the home's value.
  • Your creditworthiness. Creditworthiness is a lender's term referring to how likely you are to pay the money back on time. The more creditworthy you are, the lower your rate will be.
  • How the loan is structured. Mortgages with shorter amortization periods have lower rates than longer-term loans.

Compare Local Mortgages

Whether you hail from the historic town of American Falls or the capital city of Boise, you can find a low rate mortgage for your Idaho property. Comparing Idaho mortgage loan rates is far easier when you make use of mortgage calculators. During your mortgage search, you might need to know which works out better, an adjustable-rate mortgage (ARM) or a fixed-rate mortgage (FRM). Or you might wonder how much more interest you'd pay if you made interest-only payments for the first year. Both questions, and many more, can be solved quickly with the calculators available at Your primary concern should be to ensure that you have enough loan offers to compare. Get started in the right direction by contacting several lenders in the Idaho broker directory.