FHA Mortgage Rates

FHA mortgage rates remain competitive with interest rates for purchasing and refinancing residential real estate. The sub-prime market has crashed and the non-conforming programs left are requiring 20% equity and the interest rates are in the double digits while FHA mortgage rates range from 6.5% to 7.5% with cash back up to 95%. If you are simply refinancing your first mortgage, HUD allows you to refinance up to 97% Loan to Value.

FHA Interest Rates Have Dropped again for 30-Year Fixed Rate Loans!

The FHA mortgage was created to assist homeowners with preventive financing measures to prevent home foreclosures resulting from loan payment defaulting. Many consumers in all 50 states are struggling with the recently adjusted mortgage payment.

FHA loans offer first time homebuyers and bad credit borrowers an affordable low rate home mortgage.

FHA mortgage refinance and home purchase loans remain competitive and comparable to conventional Fannie Mae and Freddie Mac sponsored mortgage rates. Several real estate statistic sources point out that interest rates for FHA home loans are more than 30% lower than subprime rates in 2008 offered by traditional lenders.

FHA mortgage l oans are simple to qualify for because credit scores are not equated into underwriting. With refinancing allowed up to 97% virtually no equity is needed to modify or refinance your first mortgages.

FHA Streamline Refinance Loans
FHA Refinancing & Debt Consolidation

With the Federal Reserve dropping the treasury interest rates again, government mortgage rates have fallen and millions of consumers are benefitting from the FHA home mortgage rate cuts. Many financial analysts predict that interest rates for FHA refinancing will remain unusually low for 2009 and 2010 in an effort to curb and combat the current home mortgage foreclosure crisis of 2008.

Rate & Term Refinance with FHA Mortgage
Chapter 13 Bankruptcy Refinance Loans
FHA Mortgage after 7 or 11 Bankruptcy Discharge

Because of plummeting home values and high adjustable rates, many consumers are inquiring about the FHA Secure options that are offered to homeowners who were never late prior to their mortgage adjusting.

FHA Loan Blog - Read, Comment and Post Questions about Home Buying and Loan Refinancing.