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I think interest rates are very good these days! I noticed today that a conventional loan rate is around 5.875 to 6%. FHA interest rate is from 5 to 6% depending where you are shopping and a CHFA interest rate is between 6.25-7%
What a good time to be purchasing a loan!
It should be a great help to buyers who have good credit but don't have a lot of savings that the FHA loan limit has been increased in El Paso county to $325,000.
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