FHA Loan Rates September 26 – Mortgage Refinance Rates Unchanged Today
Posted on | September 26, 2009 | No Comments
FHA loan rates for September 26th, 2009 have changed very little at 5.73%. Conventional mortgage rates are unchanged today as there is likely to be very little volatility with it being the month of September and the end of the month. Most individuals in the financial industry have taken the weekend off and we are likely not to see any strong movements with conviction in mortgage interest rates until the beginning of October; this does not mean that there will not be changes in the rates though.
For those of you who have been thinking about refinancing, now is as good of a time as ever. If you could benefit from an interest rate under 6% now is the time to refinance your FHA loan or conventional loan. Mortgage lenders have been a little more lenient of late because President Obama created incentives for these companies to lend money.
There are many companies who are advertising low mortgage rates so do not let this opportunity pass you up. If you wait until the end of October you might find that mortgage rates are starting to increase because the Fed has stopped buying US Treasuries. You do not want to get stuck in the situation that a home refinance does not even benefit you.
Make sure to check out Subprime Blogger on a daily basis for your FHA loan rates. We will display the current FHA loan rates as well as a short commentary similar to the above column. Bookmark the following FHA Loan Rates category to gain easier access to our daily FHA rates column:
Author: Jeremy North
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