“The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.35 percent from 3.33 percent, with points decreasing to 0.22 from 0.23 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.
The average contract interest rate for 15-year fixed-rate mortgages increased to 2.81 percent from 2.80 percent, with points increasing to 0.30 from 0.28 (including the origination fee) for 80 percent LTV loans. The effective rate increased from last week.”
I have found 760+ credit + 30%+ down + online lender gets you about .3 lower than the national average rate with 0 points.
