Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Calhfa interest rate. It's sort of high, isn't it?

Their website says they are offering a low interest rate, but it seems to be average to me, 7%, or is this good? I am a prospective buyer, and maybe I just don't know that this is a low rate. What's the rate at a non government program then??

2 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    FHA loans often charge 1/4 % over the going interest rate. And you can not rely on that website for the actual rate. YOu are getting the loan from a local lender. They will tell you the actual rate you will pay.

    Conventional loans are 6.25% today but they change every morning..

  • kate
    Lv 7
    1 decade ago

    The good good rates are for FICOs over 740 ,

    Below that 7 is about right .

    What's your FICO ?

    >

Still have questions? Get your answers by asking now.