✉news BusinessReal Estate first seen 17 h ago, last 13 h ago, peak #22
FHA and VA Mortgage Rates Climb to 7.11%-7.14%
Original: FHA and VA Mortgage Rates Today, Sept 30: Rates Jump About a Tenth to 7.11%–7.14%
Mortgage rates for FHA and VA loans rose by roughly a tenth of a percentage point on September 30, reaching 7.11% to 7.14%. The uptick means higher monthly payments for homebuyers relying on these government-backed loans, and it adds to concerns about affordability as borrowing costs remain near elevated levels. Prospective buyers and industry watchers are keeping a close eye on whether rates will stabilize or continue rising.
Why now: Homebuyers and the housing industry are closely tracking mortgage rate movements amid ongoing affordability concerns.
Evidence
- FHA and VA Mortgage Rates Today, Sept 30: Rates Jump About a Tenth to 7.11%–7.14% · Norada Real Estate Investments
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