FHA loan rates were steady this week amid several up and downs in the Residential Mortgage Backed Securities Market. FHA mortgage rates for the most part mirror conforming mortgages; however,… Read more
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FHA Loan Rates Low – Current FHA Loan Rate 5 Percent, Fixed for 30 Years.
30 year fixed FHA loan rates remain near record lows as the week begins. The difference between current FHA loan rates and conforming mortgage rates continues to be marginal. Conforming 30 year fixed… Read more
30 Year Fixed Mortgage Rate Remains at 4.875 Percent
Mortgage rates have been steady since early this month as 30 year fixed mortgage rates remain at 4.875 percent. Freddie Mac said in their weekly mortgage rates report released Thursday 30 year fixed… Read more
FHA loans are Stabilizing the Housing Market. FHA loan rates are as Low as 4.875 Percent, 30 Years Fixed.
With sub prime mortgages a thing of the past FHA loan origination’s have blossomed. FHA loans now account for 23 percent of new mortgages. The surge in FHA loan origination’s is credited to the… Read more
FHA Loans: FHA Loan Rates Mirror Non-FHA Loans and Offer Lower Down Payments.
Many people are under the impression 30 year fixed FHA Loan Rates are not as good or are better than non-FHA Loan Rates. The truth is the leading indicator for FHA loan rates is the 10 year treasury… Read more
Purchase a Home: Buy a Home Now and get a Small Mortgage Rate with a Big Tax Credit.
There’s never been a better time to buy a home. Fixed mortgage rates dipped below 5 percent yesterday. A 30 year fixed mortgage can be obtained as low as 4.875 percent with zero buy down points. On a… Read more
Mortgage Refinance: Mortgage Interest Rates Down, Refinance Apps Up.
Expectantly mortgage refinance volume is up over 5% week to week. Mortgage interest rates for 30 year fixed loans dropped to their lowest levels since May on Wednesday. Refinance application volume… Read more
FHA Loans: FHA Loans are Gaining Popularity Quickly. What is an FHA Loan?
FHA is the Federal Housing Administration. FHA Loans are Loans insured by FHA. In 1934 FHA was created. It’s purpose? To stimulate home construction, reduce unemployment & offer loan insurance… Read more
Weekend Mortgage Rates Report: Current Mortgage Rates are Near Historic Lows.
Several reports on current mortgage rates, typically regarding the average 30 year fixed rates are released per week. Quite a few sources have reported current 30 year fixed mortgage rates this… Read more
Cash for Clunkers FHA Loans
Cash for Clunkers was so successful in stimulating auto sales it had to be shut down for fear it would exhaust it’s budget this weekend. A vote goes to the senate this week for 2 billion dollars of… Read more
