Rates have remained unchanged since the end of November, when the rates dropped below 3 percent. It's safe to say that members of the real estate business will look back at the year 2012 as one of the best years for low mortgage rates. 

But it is still important to remember that you need to shop around for the best rate you can find. It is definitely wise to look for the best deal out there, even if that means changing mortgage lenders. Read this article from Free Rate Update to learn more on how to shop effectively and save the most money you can.

Bank of Little Rock Mortgage is also rolling out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We call itThe Mortgage Statement.  

Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy way for you to get prequalified for a mortgage online.

If you have any questions, comments or concerns, we would love to hear from you. Just contact our Arkansas mortgage lenders and let us know what you need. And don't forget to check out our free Arkansas mortgage calculator.

Happy Monday,

Scott McElmurry

President & CEO of Bank of Little Rock Mortgage

NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our Today's Rates page.