In a move that is intended to help nudge the housing recovery along, the Obama Administration lowers FHA mortgage insurance rates from .85% to .5%. The White House anticipates that this will save impacted homeowners approximately $900 per year. While this reduction is not anticipated to have a wide-ranging effect on the overall housing market, it should help spur more home ownership opportunities for first-time buyers.
Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee
In this article from Zacks, many of the factors affecting the housing market outlook for the remainder of the year are examined along with how some of the various public
Recent announcements from government agencies involved in the mortgage industry indicate that mortgage credit is likely to expand soon. Among other imminent changes are lower down payment requirements which would
