Government national mortgage association (GNMA)
Government national mortgage association (GNMA)
Owned by the governemnt it is a corporation under the U.S. Department of Housing and Urban Development (HUD). A congressional chartered company, it provides funds to lenders for purchasing homes. Just like Fannie Mae only it provides funds for government loans like VA and FHA.\n\nSee further FHA mortgage, Veterans administration (VA)
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 5.03 |
| 15 yr fixed | 4.57 |
| 5/1 ARM | 3.99 |
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