FHA to Lower Cost of Mortgage Insurance
In an effort to make owning a home more affordable, the Federal Housing Administration will dramatically cut the costs associated with the mortgages it backs.
“Too many creditworthy families who can afford — and want to purchase — a home are shut out of homeownership opportunities due to today’s tight lending market,” the White House said.
Rising Home Values
Growing Reserve Funds
Importance of FHA Loans
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