Current Fha Rates You might get 3.9% today, and 4.0% tomorrow. Many factors alter the direction of current mortgage rates. To get a synopsis of what’s happening today, visit our daily rate update. You will find.

Not being able to cancel your MIPs can be costly. For FHA loans with a down payment of 10% or more, you can cancel your monthly MIPs after 11 years. But if you have 10% to put down, why get an FHA.

Construction Loan Limitations . There are national construction lenders extending conforming construction loans throughout the country, only requires 5% down payment for a conventional construction loan. The borrower can use the equity on the land instead of.