FHA interest rates closed the week relatively unchanged last week, but it was anything but a steady week. Rates improved Monday, Tuesday and Wednesday and then sold off Thursday and Friday.
Continue Reading →Conforming and FHA mortgage rates improved last week on the combination of soft economic data and new talk from the White House about tightening up banking regulations.
Continue Reading →Securing an FHA mortgage is about to get more expensive.
The FHA announced Wednesday that it is making a few policy changes to reduce their overall risk.
Continue Reading →Mortgage markets showed little conviction last week, carving out just a narrow trading channel. There was very little data on which for markets to move, leaving mortgage rates momentum-bound. Luckily for rate shoppers, mortgage rate momentum was favorable.
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