Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.
Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric.
After a brief run-up two weeks ago, mortgage rates are back below 4 percent.
Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
The housing market took a step back in February, but remains near post-Recession highs.
Sales of new homes fell to the lowest levels in four months last month.
Mortgage markets carved out a wide range last week before eventually closing close to unchanged on the week.
The new construction housing market appears primed for growth.
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