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  2. The average rate for a standard 30-year fixed-rate FHA loan is about 6%. But it's essential to note that these rates fluctuate due to different factors. These include inflation rates and the overall housing market conditions. FHA loan mortgage rates also vary across different loan types.
    www.moneygeek.com/mortgage/rates/fha/
    FHA loan interest rates are typically lower than conventional loan rates, but will vary depending on your credit score, financial profile and lender. And when you add in the cost of FHA mortgage insurance, FHA loans may end up being more expensive than comparable conventional loans.
    www.lendingtree.com/home/fha/rates/

    All FHA loans require you to pay mortgage insurance, which is split into two components:

    • An upfront premium that’s 1.75 percent of the loan amount, which is paid either at closing or incorporated into the final loan amount
    www.bankrate.com/mortgages/what-is-an-fha-loan/
     
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