An FHA Loan is a mortgage that’s insured by the Federal Housing Administration. They allow borrowers to finance homes with down payments as low as 3.5% and are especially popular with first-time homebuyers. FHA loans are a good option for first-time homebuyers who may not have saved enough for a large down payment.

Veterans Administration Home Loans The reason VA loans are able to charge a lower rate than other mortgages is the Veteran’s Administration guarantees to pay the lender up to 25% of the value of the home, up to the maximum guarantee limit of $484,350 across most of the country.. the VA home loan program is reserved for.What Is The Difference Between Conventional And Fha Home Loans Current 15 year interest rates fed’s Bostic sees one U.S. interest rate hike this year – ATLANTA (Reuters) – The Federal Reserve may only need to raise interest rates once in 2019. Bostic is not a member of the Fed’s rate-setting policy committee this year. But his comments show how.