Articles and news about FHA loans and HUD requirements. FHA loans are great for first-time homebuyers.

Tag Archives: FHA rates

Mortgage Rate Trends: Third Day Lower

Mortgage Loan Rate Trends

Mortgage rates fell for the third day in a row on Friday, though affected borrowers may have noticed the changes reflected in closing costs rather than an actual interest rate change. We’ve seen rates drop low enough that some market ...

Mortgage Rate Trends: Higher

Mortgage Loan Rate Trends

Mortgage loan interest rates went higher on Friday, undoing some of the gains made earlier in the week but keeping things within the range we’ve been looking at since the start of 2017. The move higher wasn’t enough to push ...

Mortgage Rate Trends: Higher, Lower

Mortgage Loan Rate Trends

Last week, mortgage rate numbers basically see-sawed within the range we’ve been looking at ever since the new year began. Mortgage rates began last week lower, but moved up and down from Wednesday on due to a variety of economic ...

Mortgage Rate Trends: Sharply Improved

Mortgage Loan Rate Trends

You may have noticed some extra coverage of mortgage rate trends in the last few weeks; rates have moved up and down in ways that seem to insist on added coverage, and Monday’s mortgage rate activity was definitely that. Rates ...

FHA Announces Suspension Of Earlier Policy Changes

Earlier in January 2017, we reported on changes in policy regarding FHA Mortgage Insurance Premiums. Mortgagee Letter 2017-01 announced revised, lower Mortgage Insurance Premiums, plus the elimination of the distinction in rates based on the base loan amount according to ...

Mortgage Loan Interest Rate Trends: Higher

Mortgage Loan Rate Trends

Mortgage loan interest rate trends have been up and down within a certain range in the new year, but uncertainty over the new administration in Washington D.C. has investors skittish. Since our last report we’ve seen mortgage loan rates push ...

Mortgage Rate Trends: Moving Lower

Mortgage Loan Rate Trends

Though the borrowers affected by Monday’s move lower may find the resulting improvements reflected in closing costs rather than in actual mortgage rate changes (depending on the lender), the start of the week did find rates moving low enough to ...

Mortgage Rate Trends: Lower Overall

Mortgage Loan Rate Trends

Since our last report we’ve seen a mortgage rate recovery of sorts, but it is still too early to label it on overall short-term downward trend. Last week rates moved lower in short-term ways that give some market watchers reason ...

FHA Mortgages: Loan Basics For 2017

FHA loan down payment

For those who are weighing their real estate options in 2017, an FHA home loan can be an important option. Compare the down payment and interest rates on FHA mortgages with their conventional counterparts and it’s easy to see why ...

Mortgage Rate Trends: Closing Out 2016 Lower

Mortgage Loan Rate Trends

Mortgage rate activity in the last days of 2016 might have, to some, started to look like a recovery trend, but it’s not safe to declare that just yet in spite of some overall downward movement at the very end ...