Currently viewing the tag: "fha programs"

FHA Interest Rates Back to 5%

On December 16, 2009 By

It’s been an interesting week for the FHA loan rates.

We’ve had every piece of bad news that mortgages could hear:

The economy is rebounding.  We’re seeing expansion in nearly every key metric. Housing is on a roll.  This also has negative signals for the FHA interest rates. Inflation is starting to creep up.  Inflation [...]

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FHA Interest Rates Almost 2 Points Lower

On November 30, 2009 By

It’s been an incredible month for the Government loan programs.

Today, we’re looking at the 4.75% 30 Year Fixed Rate.

On October 16th, the discount points required to buy the loan down to 4.75% was 1.82%.

As of today, it’s…..0.000%.

This is a staggering 182 basis point run in just 45 days.  On an average [...]

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