And, in real estate news…this is a major bummer for MANY homebuyers that use the FHA program to achieve home ownership, who otherwise couldn’t buy a home…this FHA program is specifically designed to help people like the ‘working class’ so this news is unfortunate. http://rismedia.com/2017/01/23/trump-administration-indefinitely-supsends-fha-mortgage-insurance-premium-cut/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews#close
Entries Tagged as 'first time buyer'
February 23rd, 2016 · No Comments · first time buyer, homebuyer, Market News, Market Update, real estate, real estate advice
I thought this article was interesting… Mortgage Rates May Be Headed for Record Low:The industry has been concerned about higher mortgage rates in 2016, but so far, rates have been low. And they may even head into record-low territory soon, according to analysts. About two months ago, the Federal Reserve raised its funds rate for […]