One of the most stressful parts of buying or refinancing a home is locking in a mortgage rate. Home loan rates vary depending on various factors, including your credit score, down payment size, and — this is a big one — where you live. Mortgage rates by state At the time of publication, the national average 30-year fixed-rate mortgage sits at 6.37%, according to Zillow. That figure could be slightly higher or lower, though. It depends on which state you live in and whether you want to buy a house or ref ...

FHA loans are government-backed mortgages that make homeownership more affordable for borrowers with limited down payment funds and less-than-stellar credit histories. However, the Federal Housing Administration (FHA) limits how much you can borrow, and the numbers change every year. In this article: What is an FHA loan limit? An FHA mortgage loan limit is the maximum amount you can borrow with an FHA loan. This number varies by county and property type. Typically, it’s lower for one-unit properties and ...