The FHA has Provided Housing Opportunities for Many
The FHA, Federal Housing Administration, an arm of the United States government has afforded home ownership opportunities to thousands of people since the 1930's. FHA loans are loans that are available for purchasing or refinancing a home. The FHA insures the lender that the home mortgage loan will be paid for, this reducing their risk when dealing with persons with less than perfect credit or very little down payment. FHA loans are available to anyone looking to purchase a home or refinancing a home. An FHA home loan is a great financing tool to home ownership. FHA financing is easier to qualify for thus, will assist many more people whom ideally do not meet the standards of banks, credit unions and other lenders. FHA Home loans are most prevalent in loans originating for high credit risk, low income, minority or low down payment persons seeking home ownership.
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News & Events
- Mortgage Rates Hit 52-Week Low After Fed Meeting - 2019-03-21
... - A glance at US mortgage rates - 2019-03-21
... - Mortgage Rates Move Deeper Into Long-Term Lows - 2019-03-21
Granted, we're not back to the sub-4% mortgage rates that dominated much of the past 8 years, but breaking into the high 3% range is a valid consideration after the past few days. Yesterday's... - Suncorp cuts mortgage rates by up to 70bps - 2019-03-21
... - US average mortgage rates fall; 30-year at 4.28 percent - 2019-03-21
WASHINGTON — U.S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens. Mortgage buyer Freddie Mac said Thursday the average rate...