Tag Archive: FHA mortgage

FHA Mortgage Rates Fall to Start the Short Week

May 29, 2018 by Leave a comment

Mortgage rates are improving today after turbulence over in the Italian political realm is sending financial market participants on a flight to safety. It’s going to be a short, busy week, so it will be interesting to see where rates go from here. Read on for more details. Market Outlook 5.29.18 from Total Mortgage on... View Article

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What is an FHA loan?

August 14, 2015 by Leave a comment

In 1934, the long road to recovery began for the U.S. economy. For the housing market, this meant the creation of the Federal Housing Administration (FHA) loan. The loans issued under this program are insured by the federal government, decreasing the risk of loss for lenders. With its less stringent rules, more borrowers were able to... View Article

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New FHA Home Loan Guidelines for 2015

January 26, 2015 by Leave a comment

If you need a low-down payment mortgage and you don’t have the best credit score, an FHA home loan can help you get the keys to homeownership. The FHA home loan program has been around since 1934 making homeownership affordable for many. With the new year underway, the Federal Housing Administration recently announced changes to... View Article

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Could Sequester Cuts Impact Availability of FHA Mortgages?

February 28, 2013 by 1 Comment

Take this one with a massive grain of salt as the sequester-related hysteria and fear-mongering continues to amplify: According to HUD Secretary Shaun Donovan in a Bloomberg article by Kathleen Howley today, sequestration cuts could impact the FHA and possibly constrain FHA lending.  From the article: “U.S. spending cuts scheduled to kick in tomorrow will... View Article

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Want an FHA Mortgage? They’re About to Become More Expensive.

January 31, 2013 by Leave a comment

In a press release yesterday, HUD announced a series of changes at the FHA that “will allow the agency to better manage risk and further strengthen the health of the MMI [Mutual Mortgage Insurance] Fund.”  Carol Galante, FHA Commissioner, remarked: “These are essential and appropriate measures to manage and protect FHA’s single-family insurance programs.  In... View Article

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