The housing market has shown remarkable strength despite the challenges the COVID-19 crisis brought to the economy in 2020. The housing market has made a comeback primarily because of low mortgage rates spurred on by strong demand from homebuyers.
FHA Interest Rate Forecast
According to NerdWallet’s rate survey, as of January 13, 2021, the average rate for a 30-year fixed-rate FHA mortgage is 2.090%.
Despite FHA’s low rates and low down payment requirements, housing affordability can remain a challenge for some buyers due to rising home prices. This spring season, homebuyers can likely expect rates to climb marginally in response to the negative news, sparking additional stimulus talks from Congress and signs of growing inflation.
Keep in mind, though, that when comparing interest rates historically or even year-over-year, 2021 mortgage rates are off to an excellent start for many homebuyers – especially for first-time buyers. Investing in real estate is also a great way to hedge against inflation and build wealth for yourself in hard assets.
View mortgage rates for
December 8, 2025
Beat the Competition with a Strong Pre-Approval
One of the best ways FHA buyers can stand out among the competition is to get pre-approved with a reputable lender who excels at closing FHA loans. Many sellers are more willing to accept FHA offers when they come from pre-approved buyers.
Ready to Apply for an FHA Mortgage
This blog gives a very brief overview of mortgage rate trends for FHA loans. If you are interested in buying a home, our team of experts at JVM Lending can help you! We are a local mortgage company from the Bay Area serving California, Texas, Arizona, and Nevada. We offer many competitive mortgage programs for buyers. Contact us today with any questions you have about mortgages!
