where are interest rates headed in the next 2 months for FHA loans?
Written By: admin on September 13, 2009
One Comment
I just place an offer on a house that I really reckon will be accepted. I have been pre-approved for an FHA loan and the rate last week hovered around 5.25%. We are closing in 60 days. In the next two months are rates expected to go up?
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Tags: declaring bankruptcy, FHA loan, fha loan rates, fha loans, foreclosure, foreclosures, home repairs, inner city, investment advice, loan limits, money, phoenix arizona, property investment, rental propertyTags: declaring bankruptcy, FHA loan, fha loans, foreclosure, foreclosures, home repairs, inner city, investment advice, loan limits, money, phoenix arizona, property investment, rental property
Rates are certainly going up. If you can, lock your rate as soon as possible. Even though we don’t know about all the economic factors affecting interest rates, history tells us that we’re on a rebound. Today, FHA rates were closer to 6%. Lock NOW!