fha Archive

State and Local Down Payment Assistance is Important

One of the Federal Housing Administration’s (FHA) important functions is to provide insurance on low down payment mortgages. The majority of FHA-financed mortgages have a down payment of 3.5%. A homebuyer can get assistance for the down payment from...

For the FHA, Pricing Springs Eternal

Following several years of premium increases, the FHA implemented a 50 basis point reduction in its annual mortgage insurance fee in 2015.  The sharp reduction was expected to boost affordability for entry-level and disadvantaged home buyers and to stimulate...

Mortgage Application Data (June 24th, 2015)

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics.  Seasonally adjusted mortgage loan applications increased 1.6% from the week ending...
By
June 26, 2015

Return Buyers Prefer Safe, Affordable Financing

The share of homes purchased by return buyers or “boomerang” buyers, those who formerly short sold a home or were foreclosed on, increased significantly in recent years.  NAR Research estimates that 8% or nearly 350,000 home sales were to...

Mortgage Application Data (June 17th, 2015)

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern and is currently studying at The University of Maryland, College Park pursuing a degree in Economics. Seasonally adjusted mortgage loan applications decreased 5.5% from the week ending...
By
June 19, 2015