Mortgage Rates Fha Vs Conventional

A conventional loan, or conforming loan, is a mortgage that is not. Conventional loans are typically fixed-rate loans for buyers who have.

FHA mortgage rates hew closely to the mortgage rates on traditional home loans. If the average interest rate on a 30-year fixed-rate mortgage stands at 5.4 percent, you can figure that the average FHA mortgage rate is nearly the same. This makes these loans even more attractive. Another positive of FHA loans is that it is relatively easy for borrowers to qualify for them.