Comparing the current average 30- year fha loan rate of 4.63% to the average conventional mortgage rate of 4.62%, we saw spreads widen relative to last year’s mortgage rates, demonstrating that FHA rates have generally become more expensive versus conventional mortgage loans.

According to the current bond market, it is cheaper to borrow. This is good for someone who wants a new mortgage since the mortgage will require a lower rate of interest. At Fogel Capital.

Los Angeles Fha Loan Limits Fha Annual Mortgage Insurance fha home loans interest rate interest rates are near a cyclical, long-term historical low. That makes a fixed-rate mortgage more appealing than an adjustable-rate loan for most home buyers. arms can reset to a higher rate of interest over the course of the loan & cause once affordable loans to become prohibitively expensive.