– If you’re considering a 30-year fixed-rate FHA mortgage, the most common type of mortgage for first-time home buyers, my rates are unbeatable.Whether you’re just starting to shop for a home loan or you’re ready to get pre-approved, I’ll give you all your FHA mortgage options, including no closing cost options.
2015 – Lower FHA Mortgage Insurance Premiums – The Federal Housing Authority (FHA) issued instructions to lower their 2015 Mortgage Insurance Premium (MIP). The new MIP rates for loans that are. and be pushed out of the housing market. Lower.
Data: Freddie Mac PMMS This Week’s Mortgage Rate Forecast. It’s certainly been an up and down event for mortgage rates over the past several weeks. The unemployment report for October was surprisingly strong and along with various comments, rates have been on an upward trend once again.
If you’re planning to buy a house this year, here’s how the Trump administration could affect you – Essentially, the suspension of the FHA rate cut stopped a reduction in mortgage insurance. In other words, though the order wouldn’t derail current mortgage holders from making their existing.