Tagged ‘3 1/2 percent’

The New FHA is Quickly Becoming Obsolete With Larger Down Payment
Posted: March 12, 2010 By:

FHA has been sustaining first time homebuyer market and lower price point homes through the collapse of the real estate market.  Now that the market is slowly on its way to recovery, FHA is not so subtly backing away from their low down payment options, making it harder for a lot of homebuyers to buy their first home.  (more…)