The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in ...
FHA loans require the home to be appraised at the property's market value, and the appraiser also checks for specific safety features in the house. This is because there can be legitimate concerns ...
When Andrea and Colin Johnson started looking at homes to buy in Milwaukee, the last thing they expected was to get pushback from sellers about the type of mortgage they had. After living with their ...
Americans took out nearly $150 billion in loans backed by the Federal Housing Administration to buy homes in 2018. Nearly 83% of those FHA borrowers were first-time home buyers, according to the ...
The Federal Housing Authority has rolled out a new program that could allow Arizonans to purchase a new home in as little as a year after foreclosure. “I think two in 10 people who have lost their ...
ATLANTA - If you hope to be a first-time home buyer, you might feel discouraged: prices keep rising, interest rates are doubled, and the supply of homes is still very limited. The American Dream seems ...
Language has oddities. For example, plurale tantums: items that are usually referred to in plural, often preceded by “pair of” even when there is only one item: pants, pliers, glasses, scissors, ...
A homebuyer might pay private mortgage insurance depending on the size of their down payment. PMI differs from mortgage insurance a borrower would pay if they use an FHA loan. Buying or selling a home ...
Home buyers have been shut out of the housing market because they can't afford a house. Some are also facing barriers because of their choice of mortgage. When Andrea and Colin Johnson started looking ...