The Current FHA rate has lowered to 5.375% - APR 5.703%.
This is really good news for those who are looking for a mortgage from FHA.
The FHA home loan has been assisting many homeowners with a low down payment mortgage program, and also for those that need a bad credit mortgage.
FHA mortgages can assist a 1st time home buyer or 2nd time home buyer. You're can use the FHA loan as many times as you move to a new home.
FHA refinance has also been helping homeowners that are in 2/28 ARMs, and those that have been looking for a low FHA mortgage rate.
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