FHA mortgage rates

FHA mortgage rates have remained stable at near all time low pricing over the last few months and are set to change.

You can still get an FHA mortgage rate at 3.75% 30 year fixed with low closing costs if you check into rates now. These rates are not going to be abailable for ever and once the economy turns around they will be gone for good. FHA doesn't make fha mortgage loans, or set the fha mortgage rates. It does however insure the individual fha loans to the lender in case of default.

FHA loans only require a 3.5% down payment and fha mortgage rates are super low even with lower credit scores. FHA streamline refinances do not require an appraisal but have become more intense with paperwork and employment verification.

These are lender requirements and all lenders will require, even though FHA states on it's site they are not required. However, since FHA does not loan the money on an fha streamline refinance loan it does not make the ultimate rules that must be adhered to.

FHA makes it eaier to qualify with debt to income ratios, down payment, gift funds, and co-borrowers. Check out fha mortgage rates at http://www.fha-rates-today.com/mortgage-rates/article/fha-mortgage-rates-today-2/