What Is the Average Credit Score for FHA Home Loans?

Answer The average credit score for FHA home loans was 678 in March 2009, according to the U.S. Department of Housing and Urban Development. This was an increase from 626 in February 2008.Source: http://w... Read More »

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What is the average rate for home loans?

As of June 2010, the national average for contract mortgage rates (adjustable and fixed composite) was 4.90 percent. When initial fees are included, the effective interest rate as of June 2010 was ... Read More »

What is the average APR for mobile home loans?

At a 15-year rate, the annual percentage rate (APR) is set near 4.78 percent for people with good credit. Rates can varying according to credit rating, life of a loan and lender.References:Mortgage... Read More »

What is a good credit rating for home loans?

To get the best rate on a 30-year fixed mortgage, your FICO score should be between 760 and 850. The next best rate is for scores between 700 and 759. If your score is lower, you might want to work... Read More »

What Is the Average Credit Score?

The average score in the United States is 651, according to the TransUnion credit bureau. Source: