Question by betty: What is the current interest rate on FHA home loans for first-time homebuyer?
Best answer:
Answer by too l
as low 6.375% with points
7.125% with no points……
What do you think? Answer below!
Posted on Jul 28, 2022 in FHA Information
Question by betty: What is the current interest rate on FHA home loans for first-time homebuyer?
Best answer:
Answer by too l
as low 6.375% with points
7.125% with no points……
What do you think? Answer below!
It depends on the state, but the company I go through to do FHA loans, should have par tommorrow morning at 7.25%. If you do a grant program, the interest rate will most likely go up.
6.75% on a 30 day lock with no buy down
In CA 6.25% if you fit in the income bracket, next step is 6.625% for moderate income.