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FHA Mortgage Rates in Iowa

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Thursday, October 03, 2024

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Mortgage rates for Iowa go down to 3.00%

Thursday, October 3, 2024

Mortgage rates for Iowa on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Iowa is now at 4.56%.

FHA Mortgage Rates & Loan Limits in Iowa

An FHA mortgage loan is a home loan insured by the Federal Housing Administration, acquired through FHA-approved lenders. When buying a home in Iowa, FHA loans can provide you with the funds you need with minimal qualification.

Originally created to make home loans more accessible, FHA mortgages have low credit requirements, low down payment options, and some of the best mortgage rates available. Loan limits for FHA mortgages are determined by local housing prices and differ by county in Iowa. When deciding on a mortgage, remember to practice patience and persistence. Always set aside time to compare rates and lenders, rather than accepting the first offer presented. For more information, check out our main page on FHA mortgage rates.

Local Cities

Allendorf | Atlantic | Cedar Rapids | Davenport | Des Moines | Dubuque | Estherville | Harlan | Inwood | Iowa City | Keokuk | Mason City | Ottumwa | Shenandoah | Sioux City

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