It’s been a crazy few weeks with mortgage rates charging all the way to all-time lows and then suffering a pretty ugly sell-off last week.

The FHA loan rate has shown surprising resilience and has now fought back since Monday to get back below 5%.

For first time home buyers who have a seller credit of closing costs to help reduce their down payment, the current discount rates for FHA loans don’t look too bad.

We’ve been seeing home buyers with 2 points to spare secure rates into the mid-4%’s.  It’s a crazy market and home affordability is incredible at these rates.