Monthly Archives: April 2013

FHA Mortgage Updates

Posted ago by Cary Cox

ShareAs always the rules for the FHA Mortgage program like the Fannie-Mae and Freddie-Mac mortgage programs are always changing. Why do these mortgage programs change? In the case of the FHA mortgage program it’s about stemming losses and trying to …

Low Mortgage Rates Keep Housing Industry Up

Posted ago by Cary Cox

ShareLow interest rates are helping maintain housing affordability and thus boosting demand for housing. The 30-year fixed-rate mortgage averaged 3.54 percent.  The 15-year fixed rate averaged 2.74 percent. Some of the recent increased demand has comefrom investors. Sales to first-time homebuyers …