Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
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Homeowners shift to FHA loans amid rate rise
As conventional mortgage rates edge higher, a growing number of current homeowners are seeking relief through Federal Housing Administration financing to trim monthly costs. The move is gaining pace ...
Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just above 16%. The average 30-year fixed rate bottomed in 2021 at just under 3%. So far in 2025, ...
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