Asked by Timothy Cole, Madison, WI • Tue Dec 9, 2008
I am currently in the application process for a 30yr FHA loan. I've been looking around the internet at different rates and I've seen them as low as 5.8%. Back in late November my loan started at 6.5% and shortly thereafter my broker locked me in at a 6.0% loan. Do these numbers sound about right? Are the numbers that I am seeing on the internet completely idealistic? Thanks for the help!
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