FHA Mortgage Points & Buydowns
FHA mortgage rates change every business day with the bond market. This page explains what moves them and how to position yourself for the best pricing.
What affects your FHA rate
- Your credit score and down payment
- Loan term (15- vs 30-year)
- Whether you buy discount points
- The broader bond market and Fed policy
- Lender margins — which is why comparing quotes matters
Rates move daily. The single best thing you can do is watch the market and lock at the right time. Join the free FHA Notification Program for rate-change alerts.
Example payment by rate
| Rate | P&I on a $300,000 loan (30-yr) |
|---|---|
| 5.50% | $1,703 |
| 5.75% | $1,751 |
| 6.00% | $1,799 |
| 6.25% | $1,847 |
| 6.50% | $1,896 |
| 6.75% | $1,946 |
| 7.00% | $1,996 |
Get FHA Rate & Program Alerts
Join the free FHA Notification Program. We watch rates, requirements, and new programs so you do not have to.
By providing your phone number you consent to receive text messages from FHA Rate Guide with important notifications about FHA programs, rate alerts, and requirements (up to 2 messages/week). Message and data rates may apply. Reply STOP to opt out at any time, or HELP for help. See our Terms of Service and Privacy Policy.
Frequently Asked Questions
- Are FHA rates lower than conventional?
- FHA base rates are often similar to or slightly lower than conventional, but FHA mortgage insurance can make the all-in cost higher. Compare total monthly cost, not just the rate.
- How often do FHA rates change?
- Every business day, and sometimes intraday when the bond market is volatile.