How much can I expect for an interest rate on a fixed interest rate mortgage on an FHA loan?

Deal Score0

What does it depend on? Are FHA loans always the same rate on the same day, know what I mean?
My score is bad, the only thing I have is good credit history for the past few years.
I think it’s like 580 🙁

4 Comments
  1. Reply
    elgin_777
    February 12, 2011 at 11:41 pm

    5% last I checked; you should know that you can get the best rate by paying points; this is well worth the upfront expense unless you are planning to sell the home in the next 3-5 yrs or so…

  2. Reply
    Confused
    February 13, 2011 at 12:34 am

    rates are checked every morning.

    your income documentation
    and credit are the main guides here.

    if you are going full doc, which you have to go with FHA then your mid FICO is what determines your rate. if you have like a 650, you will mostly like get like a 7
    700= 5

    get it?

  3. Reply
    gasilko23
    February 13, 2011 at 1:00 am

    It all depends on your credit score and the plan rate. For more information you can check out the following web site. Good luck.

    http://www.fhaloan.com/

  4. Reply
    Lesley
    February 13, 2011 at 1:09 am

    Unless you have a fixed-rate mortgage, the current mortgage interest rates are very important to deciding how much you should pay every monthcompanies offer different interest rates so it is a good idea to shop around for the best deal before settling on one particular lender.

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