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What Is an FHA Loan?
Investopedia· 2 days agoFHA loans are government-backed mortgages, insured by the Federal Housing Administration and designed to create a more affordable path to homeownership,...
Georgia Senator pushes for support of legislation to help police, teachers buy first homes
WSB Cox articles via Yahoo News· 22 hours agoU.S. Sen. Jon Ossoff was in Henry County to promote the passage of legislation he’s sponsored to...
Mortgage rates fall for second week in a row, giving a ‘small boost’ to refinances
Market Watch· 18 hours agoThe market index rose 0.5% to 198.1 for the week ending May 10 from a week before. Key details: The...
A 20% home down payment isn't 'the law of the land,' analyst says. Here's how much people are paying
CNBC· 1 day agoHomebuyers are making bigger down payments, but the average is well below 20%. While the share is...
Is 620 a Good Credit Score?
MediaFeed via AOL· 14 hours agoAndrii Zastrozhnov/istockphoto A 620 credit score is considered a “fair” score. That means it’s higher than a “poor” score yet lower than a “good” one....
Opinion | A Genealogy of Two Godzillas: Fannie and Freddie
The Wall Street Journal· 1 day agoMaybe they’ll be asked to swallow the federal student-loan portfolio next.
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 6 days agoThe U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV ...
Today’s Mortgage Rates for May 15, 2024: Rates Down
Market Watch· 18 hours agoFor more details on how we compile daily mortgage data, check out our methodology here. Mortgage rates remain well above 7% and near 2024 highs. Today’s 30-year fixed rate is down to 7.39% APR ...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 6 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage limits. A jumbo reverse mortgage offers the homeowner payments or a lump ...
Mortgage applications rise slightly as rates decline for second straight week - HousingWire
HousingWire· 12 hours agoMortgage demand ticked up last week as interest rates declined for a second week in a row. “Treasury yields continued to move lower last week and mortgage rates declined for the second week ...
