On Thursday, mortgage rates data from Mortgage News Daily (MND) showed that the 30-year fixed rates for government loans fell below 6%. As of Thursday afternoon, the average Federal Housing ...
Mortgage applications decreased by 1.8% last week, with FHA refinance applications rising 12% due to favorable rates. Despite a decline in conventional and VA applications, FHA's strong performance ...
As you can see, the 30-year mortgage rate is roughly 200 basis points (2%) higher than the 10-year rate. There is always a spread built into mortgage rates, so even when the 10-year yield is around 4% ...
Interest rates can be lower with an FHA-insured mortgage than with a conventional one, because FHA loans are a lower risk for lenders, but your creditworthiness (credit score, DTI, income, etc.) will ...
"The recent easing in mortgage rates has begun to open the refinance window for many borrowers, particularly those who ...
More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.