fha Archive

REALTORS® Report Slight Improvement in Most Markets in December 2014

REALTORS® reported that local markets broadly picked up for single-family homes in December 2014 compared to November 2014, although market activity was more modest compared to a year ago, according to the December 2014 REALTORS® Confidence Index Survey. The...

FHA Lowers Pricing to Reflect Less Risk

The FHA announced important changes to the pricing of its mortgage insurance today. This change will help to shore up the long-term solvency of its mortgage insurance fund, improve affordability and sustainability for most borrowers, and price in a...

Fannie and Freddie to Back Three Percent-Down Loans, Safely

Recently the FHFA announced that it would begin to allow the GSEs to finance loans with as little as 3% down payments.  This news was received with mixed reviews.  Some view it as an improvement in access for entry-level...

FHA Reforms Only Modest Boost to Credit Access

In response to tight mortgage credit, the FHA has announced three changes that it hopes will help to ameliorate lender overlays and broaden access to credit. Specifically, the FHA will consolidate all of its current lending rules into one...

Sales to First Time Buyers: 30 Percent of Sales in March 2014

First time home buyers accounted for 30 percent of residential sales in March (slightly up from 28 percent in February), according to the latest REALTORS® Confidence Index report. REALTORS® have reported that first-time buyers are having problems with tighter...