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GOBankingRates
GOBankingRates
G. Brian Davis

What Will Mortgage Rates Look Like as We Come Out of a Government Shutdown?

Government Shutdown FHA GOBankingRates GoBankingRatescom
Chainarong Prasertthai / Getty Images/iStockphoto

The government shutdown has proven a nightmare for many homebuyers and sellers. While Federal Housing Administration (FHA) loans and Veterans Affairs (VA) loans can still technically close, they largely haven’t been. “We haven’t been able to close FHA and VA loans, or get flood insurance through FEMA, which is required for properties in designated flood zones,” said Kevin Watson of Churchill Mortgage.

And while the government shutdown has officially ended, not everything is back to normal. Per NPR, federal workers are still waiting on payment, air travel disruptions could continue and some impacts could still be felt for a while.

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