Mortgage Insurance Rates Fha

FHA Mortgage Rates fha mortgage rates remain Near Historic Lows . Nearly four out of 10 buyers who purchased a home in November of 2009 did so with the help of a mortgage loan insured by the Federal Housing Administration, or FHA.

Fha Loan Minimum An FHA loan is a government-backed mortgage insured by the Federal Housing Administration, or FHA for short. Popular with first-time homebuyers, FHA home loans require lower minimum credit scores.

Paying for FHA mortgage insurance The upfront mortgage insurance premium costs 1.75% of your loan amount. You’ll pay the upfront premium at the closing table.