Mortgage Rates Today

Mortgage Rates Today Fha

Contents

  1. –  · The advertised rates for 30-year fixed FHA products are based on an assumed base loan amount of $289,500.00, $300,000.00 purchase transaction of primary residence, a 780 FICO score with a loan-to-value ratio of 96.5% maximum (3.5% Down-Payment) on a primary single family home.

    FHA Loans are government insured loans from the Federal Housing Administration and are an attractive option for homebuyers who want to refinance. FHA mortgages are backed by a self-insuring pool to limit risks for the lenders who make these low downpayment loans.

    The average rate on a 30-year fixed-rate mortgage fell three basis points, the rate on the 15-year fixed dropped two basis points and the rate on the 5/1 ARM was unchanged, according to a.