FHA announces big upcoming changes!
Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA’s capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for under served communities. The changes announced today are the latest in a series of changes Stevens has enacted in [...]
Are Mortgage Rates on the rise?
Unless you’ve been living in a cave you should know by now that mortgage rates have been hanging out a historically low levels. The big question: Are mortgage rates on the rise? Unfortunately for everyone, we think the answer is yes.
Let’s talk about why the interest rates are currently low before we move into the [...]
