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Higher Conforming and FHA Loan Limits May Increase
Some good news for homeowners as the Senate voted yesterday to approve a measure that would restore the high balance conforming loan limit to $729,750 in high cost areas. The amendment was added to a...
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President Obama Announces New Refinancing Plan
During the State of the Union Address a few weeks ago, President Obama announced plans for a new refinancing plan to help Americans, today he announced a series of proposals to make those plans a...
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FHA Raising MIP (Mortgage Insurance Premiums)
For the second time in the last two years, the Federal Housing Administration (FHA), a U.S. financing agency, has announced that it will raise the premiums that it charges borrowers in April. Beginning...
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FHA Mortgage Insurance Deadline Update: Premiums Increase on April 9, 2012
For the second time in the last two years, the Federal Housing Administration (FHA), a U.S. financing agency, will raise the premiums that it charges borrowers on April 9, 2012. This deadline is...
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FHA Loans Now Have Tighter Collections Guidelines
The Federal Housing Administration (FHA) insures loans enabling lenders to offer finance to those wishing to purchase homes that would not otherwise be able to afford them. However, the FHA has been...
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FHA (Federal Housing Administration) Loan Basics
What Are FHA Loans: Federal Housing Administration Loans FHA loans (Federal Housing Administration loans) enable people to purchase a home with a small down payment. People who would otherwise be...
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