Mortgage rates are very attractive for the upcoming spring home buying season, according to results from the Freddie Mac Primary Mortgage Market Survey® (PMMS®).
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
FHA is also reducing upfront premiums to support the affordable housing and energy efficiency goals stated above and to streamline the premium structure.
FHA is also reducing upfront premiums to support the affordable housing and energy efficiency goals stated above and to streamline the premium structure.
The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.92 percent from 3.90 percent, with points increasing to 0.39 from 0.31
The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.92 percent from 3.90 percent, with points increasing to 0.39 from 0.31