Question by Ritz: What is the interest rate on a FHA loan?
I am looking to buy a HUD home and will be applying for a FHA loan I just wanted to know how much the interest rate may be?
Best answer:
Answer by Michael
Tricky. Mortgage interest rates can change hourly, illness about it so what you may be able to get at 12pm may change at 2pm because of something going on with the economy. If you check out bankrate.com it you can find rates but once it again it may not be accurate.
the other thing is if you get a rate tomorrow and wait 2 weeks to lock it in the rate will be different.
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