Update 08/23/2013: FHAÂ mortgage rates stabilize are recent upward trends. FHA rates still near historical lows with only 3.5% down, and no appraisal on refinance loans. Click link above for fha streamline rates from banks, lenders, credit unions, and fha mortgage brokers.
Update 02/26/2013: FHA rates improve on the fha streamline refinance. Have you streamlined your existing fha loan yet? Get quotes from fha lenders and banks and lock in your fha streamline rate.
Update 01/29/2013: 30 year FHA streamline refinance rates with 0 costs, skip a mortgage payment, and additional wholesale lender credits towards your new escrow account for property taxes and home owners insurance. WE PAY YOU. Make money up front on all time low FHA streamline refinance rates with Emery Federal Credit Union.
Update 11/08/2012: Obama re-election bad news for the stock market, good news for the mortgage bond market. Check FHA rates from lenders and banks.
Update 10/17/2012: 30 year FHA streamline refinance rates with 0 costs, skip a mortgage payment, and additional wholesale lender credits towards your new escrow account for property taxes and home owners insurance. WE PAY YOU. Make money up front on all time low FHA streamline refinance rates
Update 06/20/2012: FHAÂ mortgage rates 3.25% 30 year fixed. compare banks, lenders, and brokers at http://www.fha-rates-today.comÂ
Update 04/10/2012:Â 3.5% 30 year fixed FHA home purchase with 1/2 point.Â FHA mortgage rates drop again.
Update 01/21/2012:Â www.fha-rates-today.comÂ
FHA mortgage rates 3.5% 30 year fixedÂ - home purchase or refinance.Â Â Â Discount points for rate, lender creditÂ pays 3rd party fees.Â Seller pays points.Â
FHA mortgage rates 3.75% with 0 points, 0 lender fees, 0 closing costs, and an additional lender credit toward establishing escrow/impounds account.Â Â
Points and Lender creditÂ determined by loan amount, propertyÂ state, and credit score.Â
Update 11/15/2011:Â FHA mortgage rates - 30 year fixed 3.75% 0 points, 0 lender fees.Â Compare today'sÂ currentÂ FHA mortgageÂ rates and closing costsÂ from BBB A+ ratedÂ FHA approved banks and lenders atÂ http://fha-rates-today.com/mortgage-rates/fha-mortgage-rates/Â Â and/orÂ Â http://current-mortgage-rates.net/compare-mortgage-rates/fha-mortgage-rates/Â and/or http://mychartermtg.com/mortgage-rates/fha-mortgage-rates/
Update 06/15/2011:Â FHA mortgage rates 4.25%, 4.5% with 0 lender fees and credit towards closing costs.Â National Bank with "A+" Better Business Bureau rating.Â Get rates and quick quotes at http://www.mychartermtg.com/current-fha-rates.html
Update 05/08/2011:Â FHA monthly MIP has been increased accross the board by .25%.Â FHA rates are moving lower again with 30 year fixed rates down to 4.0% with points, and 4.25% with 0 points.Â Ginnie Mae Mortgage Backed Securities and the US 10 year treasuryÂ bonds have rallied in pricing while yields have dropped.Â Mortgage rates have decreased in general which is good news for the home buying industry and all it affects.Â SCROLL DOWN FOR CURRENT FHA MORTGAGE RATES.
Update 10/04/2010:Â FHA MIP is now .85% for loan to value ratios less than 95%, and .90% for loan to value ratios above 95% on all 30 year fixed fha loans and 5/1 fha arms.Â The FHAÂ Up Front Mortgage Insurance Premium has been reduced from 2.25% to 1.0% on all fha loans.Â
Update 09/20/2010:Â FHA MIP is increasing from the current monthly factor of .55 - .90 effective October 1st, 2010.Â The new upfront mortgage insurance premium will be reduced from 2.25% to 1.0%.
UPDATE 08/14/2010:Â FHA 30 year fixed mortgage rates and refinance mortgage ratesÂ drop toÂ all time low 3.875%!Â GetÂ 4.25% with 0 closing costs.current FHA ratesÂ - FHA mortgage and interest rates:current FHA rates - 30 year fixed - 4.25%
current FHA rates - 15 year fixed - 3.75%
current FHA rates - 5/1Â arm rates - 3.25% www.fha-rates-today.com
click on rates above for quick quote with no personal information or social security numbers required.Â Liver rate tables listed by property State and County
FHA Rates are determined by pricing and yeilds onÂ Ginnie Mae Mortgage Backed Securities.Â Simply put these are bond issuesÂ comprised of FHAÂ Mortgages.Â Here we will refer to these mortgage backed securities as Ginnie Mae/FHA so as not to be confused with other types of mortgage backed securities comprised of different types of mortgage loans.
There are various Ginnie Mae/FHA Mortgage Backed Security coupons being traded daily and they are 4.0 coupon, 4.5 coupon, 5.0 coupon, 5.5 coupon, and the 6.0 coupon.Â These investments are traded just like regular stocks and bonds on Wall Street.Â The buying and selling of these Mortgage Backed Securities will determine how secondary pricing deparments will determine current daily pricing at various rates.Â
When traders start buying up Ginnie Mae/FHA Mortgage Backed Securities the price increases and the yeild decreases.Â This will typically spur the secondary pricing departments at various lenders accross the county to increase the pricing at a particular rate, or improve rates.Â The actions they take depends on the net price increases on the underlying GinnieÂ Mae/FHA Mortgage Backed Securities at a particular coupon rate.Â
The opposite is also true when traders start selling offÂ Ginnie Mae or FHAÂ Mortgage Backed Securites forcing secondary to decrease pricing on delivery of a particularÂ FHAÂ Â Rate, or increase FHA Rates.Â Again, their actions depend on the net price decreases on the underlying GinnieÂ Mae/FHA Mortage Backed Securites at a particular coupon rate.Â Â
Current Pricing on theÂ Ginnie Mae/FHAÂ Mortgage Backed Securities has been increasing as demand for 4.5 and 5.0 coupons have been increasing.Â This has pushed FHA Rates down once again creating an excellent opportunity to capture near all time low rates.Â Â
current FHA ratesÂ - FHA mortgage and interest rates:
current FHA rates - 30 year fixed - 4.25%
current FHA rates - 15 year fixed - 3.75%
current FHA rates - 5/1Â arm rates - 3.25%
$500 off lender fee for purchase loan applications