Posts Tagged ‘FHA home loan’

How Affordability and Remote Work Are Changing Where People Live

July 24, 2024

How Affordability and Remote Work Are Changing Where People Live

There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot of people to afford a home right now. That’s why many interested […]

Read More
Tips for Younger Homebuyers: How To Make Your Dream a Reality

May 13, 2024

Tips for Younger Homebuyers: How To Make Your Dream a Reality

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While there’s no arguing this housing […]

Read More
The Many Non-Financial Benefits of Homeownership

October 30, 2023

The Many Non-Financial Benefits of Homeownership

Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top non-financial reasons to buy a home. According to Fannie […]

Read More
FHA Lowers Mortgage Insurance Premiums Bringing Financial Relief to Many Homebuyers

February 23, 2023

FHA Lowers Mortgage Insurance Premiums Bringing Financial Relief to Many Homebuyers

The Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to annual mortgage insurance premiums charged to home buyers who get an FHA-insured mortgage. The average FHA borrower purchasing a single-family home with a $265,000 mortgage will save approximately $800 in 2023 as a result of the reduction. For a borrower with […]

Read More
Qualify for an FHA Home Loan Even With Student Loan Debt

June 24, 2021

Qualify for an FHA Home Loan Even With Student Loan Debt

If student loan debt has kept you from getting an FHA mortgage in the past, we have some good news. The Department of Housing and Urban Development (HUD) recently announced that the Federal Housing Authority (FHA) has relaxed the rules on how it assesses student loan debt, making FHA home loans much more favorable to […]

Read More