Best FHA Loan Rates
The best FHA loan rates are available with the insurance of the US government backing of the loan. In early April, the average 30 year fixed rate loan for America was 5.23% APR.
For the Philadelphia, Pennsylvania area, the average is lower than the one for the nation. This is good news for those living in the City of Brotherly Love. The current average is 5.092% APR with the closing fees totaling on average $1,702. This is with an interest rate of 5.00%.
The best bank rate comes from National Mortgage Alliance. They have an APR of 4.96% with an interest rate of 4.875%. The fees are $1,600 and the estimated monthly payment on a $165,000 loan with 5% of a down payment is $873. This loan has no points associated with it. This rate was posted on April 5, 2010 and was still current on April 6, 2010.
The second best rate is from Oceanside Mortgage Company with an APR of 5.026% and an interest rate of 5.00%. This also has no points associated with it and the fees are only $495. The estimated monthly payment on a $165,000 loan with 5% of a down payment is $886. This rate was posted on April 2, 2010 and was still current as of April 6, 2010.
The third best rate is from Quicken Loans with a rate of 5.026% APR and an interest rate of 5.00%. The reason they are third is because the fees are $4,770. There are no points associated with this loan and the estimated monthly payment on a $165,000 loan with 5% of a down payment is $886. This rate was posted on April 5, 2010 and was still current on April 6, 2010.
These are the best FHA loan rates in the Philadelphia, Pennsylvania area at this time.
For additional resources about a loan please view Best Car Loan Rates in Philadelphia on this website.
For the Chase Bank HELOC Rates, the article can be viewed on a sister website of chaseonlinebankingfan.com.
Another resource for financial information of interest can be found at Equity Commodity ETFs Guide which is available on our sister website of etfinvestingblog.com.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.
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