FHA Loans Gain Popularity as Mortgage Rates Rise

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FHA Loans Gain Popularity as Refinancing Surges: Applications for FHA refinances jump by 24% as homeowners seek affordable options amid high conventional rates. FHA interest rates hit a 2-year low, driving demand for FHA loans with lower down payments. Conventional rates continue to rise, with markets awaiting Fed Chairmans comments for potential rate cut guidance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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