The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into ...
The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750, respectively, the agency announced Tuesday. The new FHA loan limits ...
Some lenders have a workaround for the Federal Housing Administration's suspension of reverse mortgage endorsements but fewer ...
The US government has stopped insuring FHA mortgages for non-permanent residents, including H-1B visa holders, effective May 25. This policy change, aligning with broader immigration restrictions, ...
Long-awaited updates to the U.S. Department of Housing and Urban Development’s (HUD) 203(k) program have been announced. Not only will home-rehabbers have more money to work with to make upgrades, but ...
The median age of owner-occupied homes was 41 years in 2023, according to a National Association of Home Builders analysis of ...
Average refinance rates are drawing fresh attention as lenders and borrowers assess how different mortgage types stack up ...
Some people taking out a home loan and purchasing flood insurance could face delays during the U.S. government shutdown.
Though most FHA loans are fixed-rate loans, the FHA does insure adjustable-rate mortgage products under its Section 251 Adjustable-Rate Mortgage program. Rates reset three, five, seven, or 10 years ...
Buying a home can be an exciting experience. Yet before you begin shopping for the perfect place to live, it’s a good idea to understand what type of mortgage you’ll use to finance your purchase—it ...