FHA Loan advice / Questions

[Trevor Murphy]

I am wondering how many people are using FHA loans as a down payment and refinancing it to a 30 year fixed after the seasoning period?

I havent used this method before and have some questions about it.

-Does the appraisal after the seasoning period for the refinance need to appreciate a certain %?

-With interest rates expecting to rise over the next year, does this change the risk of using an FHA and then refinancing?