Average Fha Loan Rates

FHA mortgage rates hew closely to the mortgage rates on traditional home loans. If the average interest rate on a 30-year fixed-rate mortgage stands at 5.4 percent, you can figure that the average FHA mortgage rate is nearly the same. This makes these loans even more attractive.

Usda 100 Financing Program First Time Home Buyers Texas Different Type Of Mortgage Loans First Time Home Buyer With No Credit This program has an advantage over the FHA program in that there is no credit floor set by the VA and the program allows up to 100 percent financing so first-time home buyers don’t need a down payment.