Obama announces cheaper FHA mortgage insurance premiums



President Barack Obama said in a speech Thursday that mortgages need to be more accessible and affordable to creditworthy families to spur a stronger housing market.

FHA Set To Raise Premiums on Mortgages



The Federal Housing Administration has just announced plans to raise premiums on most new mortgages by 10 basis points (0.1%), meaning that the average borrower can expect a $13 increase on their monthly repayments, according to reports.

AEI Study Shows How FHA Financing Is Destroying Thousands Of Neighborhoods



According to American Enterprise Institute Fellow, Edward Pinto, the FHA mortgage insurance program is helping to destroy the neighborhoods that FHA is most heavily involved in. A detailed study of FHA lending practices and default rates shows that lower income borrowers and home owners with FHA loans are much more likely to default on their loans.

What You Need to Know about the FHA Mortgage



There are various pros and cons to every type of mortgage there is in the market. That is why, it is necessary for individuals to know the details of their loan before writing in a commitment. There are three types of loan that are gaining popularity nowadays, but in this article only one will be discussed and this is the most popular amongst the three.

Lower Fees for Previous FHA Mortgage-Holders



President Obama’s newest plan unveiled to ease some of the burden on homeowners seems like a two-sided coin. Still, there are benefits to as many as two to three million current mortgage holders.

How Long Till Foreclosure Victims Can Buy Again?



With the unprecedented housing crisis over the last six years resulting in more than four million homes lost to foreclosure, many of these homeowners are now beginning to wonder: When will they be able to buy again?

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