Daily Mortgage News

The government is trying to help get us out of this hole but if they agree to refinance us, you into a better lower payment and rate then WHY are people still not paying their mortgage??? Right now FHA has a big number of borrowers and i mean BIG that haven't even made their first payment or even one payment for that matter! This number has trippled in the last year! C'mon people we have to help ourselves get out of this, no one will hold our hand the whole way through!

Daily Mortgage Rates:

Conventional 30 Yr. Fixed Rate: 5.50%

FHA 30 Yr. Fixed Rate: 5.50%

USDA (100%) 30 Yr. Fixed Rate: 5.00%