Rates continue to be stable over this week with 30 Year Fixed Conforming (up to $417,000) at 4.75 %, High Balance ($417,000 to $729,750) at 4.875% and Jumbo (over $729,750) at 5.75%. FHA is at 4.5% for Conforming and 4.625% for High Balance.
The FHA Condominium approval checklist is below. To check to make sure a condo is approved, simply go into the link below and enter the zip code that the property is located in. Check to make sure the condo approval expiration date is before the loan closing date.
https://entp.hud.gov/idapp/html/condlook.cfm
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