FHA mortgage interest rates for April 2015 continue to stay at near the same levels as a month ago. The FHA 30 year fixed mortgage interest rate for April 2015 is ranging about 3.675% with zero discount points. Most home buyers will have the option to “buy down” their loan interest rate lower by paying discounts points if they like. Whether this makes sense or not will depend on the numbers and how long the homeowner decides to live in the house. Your experienced mortgage loan officer can break down the numbers in an easy to understand format.
Florida & Georgia homeowners that currently have a FHA mortgage can still refinance via the streamline FHA streamline refinancing program. The FHA streamline refi program is designed for existing FHA home owners that may have difficulty refinancing due to lost equity and home value. The FHA streamline refinance program does not require a new home inspection, appraisal or any equity. The paperwork involved is also very easy, as the name “streamline” suggests. Homeowners that are underwater or upside down on their loan can finally take advantage of April 2015 lower interest rates. Read more about the FHA streamline refinance here.
FHA Mortgage Source is Florida’s FHA financing leader. We are available to serve you 7 days week until 8pm. Please reach out to us today by calling 800-743-7556 or just submit the quick Info Request Form on the right side of this page. Mobile users will find the short Info Request Form here
FHA Loan Interest Rates April 2015