fha experts: USDA rates drop: A great alternative to FHA in many Californian cities! - 09/13/08 05:06 PM
With the recent and ongoing changes in FHA, USDA loans are among the hotest mortgage products in many cities in the great state of California.
Today's posted rate for a USDA 30 yr fixed mortgage with a 1% origination point is:
5.50%
As compared to Fannie Mae or Freddie Mac … (4 comments)
Certified Mortgage Planner (CMPS): 14 yrs experience & over $300,000,000 in loan fundings. Committed to providing my commercial & residential clients with real time data on mortgage backed securities & rate locking strategies.
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With the recent and ongoing changes in FHA, USDA loans are among the hotest mortgage products in many cities in the great state of California. 
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