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Mortgage Brokers & Lenders
HomeForumsMortgage Brokers & LendersInterest rate and APR for FHA Morgage loan
Andres Cantu's profile image
Andres Cantu's profile image
Andres Cantu
  • Member since Nov 10, 2022
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Andres Cantu's profile image
Andres Cantu's profile image
Andres Cantu
  • Member since Nov 10, 2022
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Andres Cantu
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Mortgage Brokers & Lenders

Interest rate and APR for FHA Morgage loan

Andres Cantu
Posted Nov 10 2022, 18:45

Currently got quoted for an interest rate of 6.25% with a 8.25% APR for the mortgage loan. My current credit score is at a 780. My question is, is that a good rate or a normal rate to be at in the current market of Nov 2022? I feel the APR might be a little too high with my current credit score. Any advice is greatly appreciated

Rio Grande Valley, Texas
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