HUD Tweaks Ancient Mortgage Rates to Fractions of a Percent
Published Date: 9/9/2025
Notice
Summary
Starting July 1, 2025, the interest rates on certain FHA-insured loans will change. If your loan falls under Section 221(g)(4), the new rate is 4⅜%. For other FHA loans committed or endorsed during this time, the rate is 4⅝%. These updates affect borrowers and lenders by setting clear, updated interest rates for the next six months.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 0 costs, 3 mixed.
Section 221(g)(4) Debenture Rate Set
If your FHA-insured loan is issued under Section 221(g)(4), the interest rate on the debenture is set at 4 3/8 percent (4.375%) for the 6-month period beginning July 1, 2025. This rate applies to debentures issued during that period.
Other FHA Loans — 4 5/8% for 6 Months
For FHA-insured loans (other than Section 221(g)(4)) that are committed or endorsed during the 6-month period beginning July 1, 2025, the interest rate on the debenture is 4 5/8 percent (4.625%). This applies to loans committed or initially endorsed during that period.
Rate Determination Rule for Other Provisions
For debentures issued under any other provision of the National Housing Act, the interest rate applied is the higher of: the rate in effect on the date the commitment to insure the loan was issued, or the rate in effect on the date the loan was endorsed. This is how the applicable rate is chosen.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-08406 — HOME Investment Partnerships Program: Further Program Updates and Streamlining
HUD is updating the HOME Investment Partnerships Program to make it simpler and more flexible, especially for green building projects and scattered site manufactured housing rentals. These changes affect local housing groups that get federal money to build or fix affordable homes. Public comments are open until June 1, 2026, so folks can share their thoughts before the new rules take effect.
2026-08339 — HOME Investment Partnerships Program: Further Program Updates and Streamlining
HUD is hitting the pause button on some new HOME program rules that were supposed to start in 2025. This delay affects local governments and housing groups waiting for updated rules about affordable housing projects. No new changes or money moves will happen until HUD finishes reviewing and publishes the next final rule—so, hang tight!
2026-08244 — Equal Access to Housing in HUD Programs Revisions
HUD is updating its rules to focus on biological sex instead of gender identity when it comes to housing programs. This means shelters and similar places can ask for proof of sex to keep everyone safe. These changes affect people using HUD housing services and those running them, with public comments open until June 29, 2026.
2026-06926 — HOME Investment Partnerships Program-Maximum Per-Unit Subsidy Limit Methodology and Amount; Notice for Comment
HUD is updating how it sets the maximum money allowed per housing unit for the HOME Investment Partnerships Program. This change affects builders and developers using HOME funds starting May 11, 2026, and HUD wants your thoughts before finalizing it. The new limits help make sure funds stretch fairly and wisely to build affordable homes.
2026-04990 — Revocation of the 30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent; Indefinite Delay of Effective Date
HUD is hitting the pause button on a new rule that would have stopped the 30-day heads-up before evicting tenants for not paying rent. This means public housing tenants and property owners won’t see changes just yet, as HUD reviews feedback and legal challenges. No rent-related notices are changing for now, so everyone can breathe easy until HUD decides the next move.
2026-04095 — Establishing Flexibility for Implementation of Work Requirements and Term Limits
HUD is proposing new rules that let local housing agencies and some apartment owners require adults to work and set time limits on housing help for families who aren’t elderly or disabled. This gives communities more control to encourage self-sufficiency and mix incomes, helping tackle the affordable housing crunch. Comments on these changes are open until May 1, 2026, so get ready to weigh in!
Previous / Next Documents
Previous: 2025-17253 — Reinstatement of Information Collection Request OMB No. 0414-0001
The Millennium Challenge Corporation (MCC) wants to keep collecting some important info and is asking for approval to do so again. They’re inviting everyone to share their thoughts for 60 days before sending the request to the Office of Management and Budget. This affects anyone who provides info to MCC, but there’s no new cost or big changes—just a smooth renewal process.
Next: 2025-17255 — Information Collection: Nondiscrimination in Federally Assisted Programs or Activities Receiving Federal Financial Assistance From the Commission
The U.S. Nuclear Regulatory Commission is renewing approval to collect info ensuring no one gets treated unfairly in programs funded by them. This affects anyone involved in federally supported activities, making sure discrimination is out and fairness is in. The renewal keeps things running smoothly without extra costs or delays, and they’re asking for your thoughts now!