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Mortgage Interest Rates on the Rise

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    Mortgage Interest Rates on the Rise

    I'm confused about mortgage interest rates. Rates have been on the rise this week, but it appears that FHA rates have stayed at 3.75% for quite some time but the rate for conventional mortgages is now over 4%. Am I understanding this correctly and there are two different rates for these type of mortgages? Is FHA really still at 3.75%?

    #2
    Yes.

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