Q:

Where can you find information concerning current USDA interest rates?

A:

Quick Answer

Information about current USDA interest rates is available on the USDA website, notes the USDA. The website provides information about interest rates for farm operating programs, farm ownership programs, emergency loans and conservation loans.

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Full Answer

The USDA loan program offers loans with low-interest rates to eligible suburban and rural homebuyers. Their purpose is to encourage rural relocation. Loans are available for both first-time buyers and repeat buyers, states The Mortgage Reports. These loans require mortgage insurance and are similar to regular loans in terms of repayments and closing costs. Those interested in applying for a USDA loan can check the eligibility criteria on the USDA website.

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