refinance fha: What Are FHA Refinance Rates? - 01/17/22 10:46 AM

What Is FHA Refinance?FHA refinance refers to refinancing an FHA loan where the interest rate is changed and/or one or more terms associated with the loan. FHA, which stands for the Federal Housing Administration, is also part of the U.S. Department of Housing and Urban Development. The category of FHA loans was introduced in the 1930s to boost the sale of homes. 
FHA refinance rates and FHA loans are made available to borrowers that have less than 20% for their down payment. Since the down payment is lower, every FHA mortgage holder must pay into what is known as an FHA-run mortgage … (0 comments)