2010-10-27freerateupdate.com

``. As of this writing, the 30-year fixed FHA loan rate is 3.875 percent. Despite setting new mortgage rate lows on a monthly basis, this alone is not enough to spur housing demand. One possible explanation for the incongruity is the enforcement of new FHA qualifying rules. As of October 4th, the Federal Housing Administration is pulling the reins on underwriting standards.''



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