cancel
Showing results for 
Search instead for 
Did you mean: 

USDA loan

tag
saywhat0
Member

USDA loan

Question: I got approved for a $150,000 USDA loan, is %4.5 interest rate good, what is average? Will i be able to refinance if rate decrease in the future? Thanks in advance!
Message 1 of 5
4 REPLIES 4
edcampbell613
Contributor

Re: USDA loan

Yes, that is a good rate.

 

Rates have been up and down all month

 

Yes you can refi in the future with no prepayment penalty if that's what you are worried about.

Message 2 of 5
saywhat0
Member

Re: USDA loan

Thanks for the info

Message 3 of 5
Jessica503
Established Member

Re: USDA loan

Thats a good rate, i recently closed my USDA  at 4.625% but my rate was locked when they were higher Smiley Sad

Message 4 of 5
n0smirc
Regular Contributor

Re: USDA loan

Sounds decent. Originally I was at 4.5 but was able to lock in at 4.375 due to timing when we did the rate lock. 

Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.