Despite the continuing decline of home values across much of the country, some areas have not suffered as steep a fall as others. more..
Category Archives: FHA Loans
FHA tightens loan qualifications for borrowers with debts
In the past, lenders chose whether these high-risk borrowers qualified for lending, but now the FHA will now hold final approval. more..
Obama unveils plan to stimulate refinancing
The Federal Housing Administration (FHA) currently allows some homeowners to apply for loans from the organization without revealing their credit score or income. more..
Higher fees, fewer tax deductions could harm FHA borrowers
According to a recent report, FHA borrowers who have a $200,000 loan could be faced with an additional $500 in costs annually. more..
Payroll tax extension could have hidden ramifications for homebuyers
Part of the payroll tax extension, approved last weekend by the Senate, raises the fees charged on home mortgages backed by government sponsored entities. more..
Buying a home in Utah requires below-average down payment
Utah checks in with the fifth lowest down payment in the country – 11.75 percent. more..
Report: Homeownership, mortgage borrowing high in Utah
Recent analysis of homeownership data shows more consumers are buying a home in Utah, and that the percentage of buyers who finance this purchase with home loans remains higher than the national average. more..