An overwhelming majority of homebuyers agree that homeownership is still the American dream, according to a survey published last year by the National Association of Realtors. However, that dream can ...
Buying a home can be a long, stressful, and expensive undertaking, but home buyers may be able to expedite this process while minimizing stress and keeping out-of-pocket costs manageable by choosing ...
With so many different ways to buy a home, it’s not always easy to find the best type of home loan for you. One of your options is a mortgage that’s insured by the Federal Housing Administration (FHA) ...
WASHINGTON — With the subprime mortgage industry in virtual free fall, where do home buyers with less than perfect credit turn for financing? The news reports are grim: Not only have dozens of ...
Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...
Tightened rules and regulations that have made financing a home purchase more difficult also have affected availability of other types of home loans, such as home equity lines of credit or HELOCs, ...
FHA loans and conventional loans are both issued by private lenders, but FHA loans are insured by the federal government, and conventional loans are not. Due to their federal backing, FHA loans have ...