02/11/2022
Mortgage rates rise above 4% for first time since December 2019. FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data.
First-time buyers seeking FHA-backed mortgages can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie.