Tag Archives: FHA
2016 FHA loan limits released
The Federal Housing Administration announced its 2016 loan limits this week. Continue reading
FHA tweaks condo approval rules
The Federal Housing Administration has made changes to its condo rules to expand the availability of affordable housing options. Continue reading
FHA loans will cost less
Mortgages for borrowers with low down payment will soon cost less. Continue reading
Remember to budget for PMI
The majority of homebuyers end up with higher-than-expected monthly mortgage payments because of private mortgage insurance premiums. Continue reading
FHA loans get smaller
If you plan to get an FHA mortgage next year you may have to settle for a smaller loan, depending on where you live. Continue reading
Mortgage honcho: Enough is enough
Regulators must stop choking the housing recovery, the Mortgage Bankers Association president said today. Continue reading
Shutdown may delay mortgage closings
Some homebuyers may have to reschedule their closings. Continue reading
FHA loans still available
Despite a plan to reduce staff by 96 percent, HUD says it will keep the lights on. Continue reading
New rules for reverse mortgages
Senior homeowners who want to cash out equity with a reverse mortgage will have to play by new rules when applying for a loan after the end of this month. Continue reading
Lender charged with discrimination
HUD charged Fifth Third Bank and a mortgage company in Michigan with discriminating against a couple with disabilities when they tried to refinance their mortgage. Continue reading