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30 Year Fha Rate

Check today’s low FHA streamline refinance rates The FHA streamline refinance is a great way for current FHA homeowners to lower their interest rate and monthly payment. And, with lenient credit standards and documentation requirements it can be the fastest and most cost effective options to refinance an FHA loan.

The refinance share of mortgage activity decreased to 58.5% of total applications, down from 62.2% the previous week. The adjustable-rate mortgage (ARM) share of activity decreased to 4.8% of total.

According to financial Web site Bankrate.com, the average interest rate on a 30- year fixed-rate mortgage loan, including those insured by the FHA, stood at 5.04 .

Mortgage rates held steady in the week ending 3 rd October. 30-year fixed rates rose by just 1 basis point to 3.65%, following a basis point fall in the week prior. In spite of the rise, 30-year rates.