FHA loans are popular with mortgage borrowers because of lower down payment requirements and less stringent lending standards.
You can refinance a home with an FHA loan even if you have little or no equity, a damaged credit score or higher debt than lenders usually accept.
Mortgage rates fell this week as global market concerns resurfaced and government bond yields moved lower. Meanwhile, more data shed light on the housing market’s strengthening recovery.
Homeowner associations are not the police department. There is only so much that the board and management company can do in helping to deter crime.
Reverse mortgages can be a viable way to access the equity they have built up in their home.
If a house doesn’t appraise”, it’s a problem for you and the buyers