FHA news

  • Mortgage rates, applications take a plunge by MPA

    Historically, the mortgage industry experiences a slowdown during the holiday season, but this time around it was particularly quiet. Meanwhile, rates have hit a 19-month low.

  • Lenders begin to offer 97% LTV loans by MPA

    And so it begins. Mortgage companies are beginning to announce their options for home buyers that will allow for down payments as low as 3%

  • Congress delays HUD program by MPA

    President Obama signed an act this week that included HUD’s new budget and delayed a program that would have saved borrowers hundreds a year.

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