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The MBA’s refinance index decreased. interest rate for a 5/1 adjustable rate mortgage loan increased from 3.46% to 3.56%. Rates on a 30-year FHA-backed fixed-rate loan remained unchanged.

10 Things You Should Know About An FHA Streamline Mortgage Refinance Here are popular local lenders and standouts for first-time buying, refinance, home equity borrowing. One of the nation’s most active lenders of FHA and VA loans. Cons published mortgage rates.

The Rate/Term Refinance Program is open to homeowners with an existing FHA mortgage and non-FHA mortgage. Second mortgages can be included with the rate/term refinance, provided the unpaid principal balance of any junior liens over 12 months old as of the date of existing mortgage payoff.

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