Travel

Latest News

FHA Press Release

3/10/13: Average 30 Year Fixed Rate Mortgages Set New Record Low. On Thursday, June 7th, 2013 30 year fixed mortgage rates as low as 3.25% Interest rate data released by Freddie Mac, a government sponsored enterprise and purchaser of mortgage loans on the secondary market, in its weekly mortgage pricing survey confirmed the unprecedented low cost of home financing

1/11/12: FHA Mortgages for Mobile or Manufactured Homes

A Title I loan may be used for the purchase or refinancing of a manufactured home, a developed lot on which to place a manufactured home, or a manufactured home and lot in combination. The home must be used as the principal residence of the borrower.

1/11/12: FHA FHA Mortgages Work Well for First Time Home Buyers

First time home buyers will find that FHA is consumer friendly and offers all borrowers a chance at homeownership provided the borrower meets FHA’s qualifications.

FHA Press Release

7/11: PUSH TO EXTEND FANNIE, FREDDIE, FHA LOAN LIMITS GAINING MOMENTUM A bill was introduced Friday by Representative John Campbell (R-CA) and Representative Gary Ackerman (D-NY) that would extend the current conforming loan limits for another two years. The bill, H.R. 2508, The Conforming Loan Limit Extension Act would allow government sponsored entities (GSEs) Fannie Mae and Freddie Mac, as well as the FHA to continue to back or purchase loans up to $729,750 in some high cost areas