Saturday, January 30, 2010

FHA Mortgage Rate @ 4.75% - FreeRateUpdate.com

30 year fixed FHA mortgage rates are at 4.75%, according to FreeRateUpdate.com research of wholesale mortgage lender's rate sheets. Despite much in the media about rising mortgage rates, fact is FHA rates which account for 33% of all new mortgages used to buy homes, are just a 1/4 off all time record lows set back in late October. The FHA 5/1 ARM is at 3.75%. FHA 15 year fixed mortgage rates are at 4.25%.

Check out this FHA net branch.

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