On the heels of making major headlines with his call for a 50-year mortgage, Donald Trump earlier this month quietly unveiled another innovative idea to loosen the housing supply — and if the idea ...
Rate-lock activity is benefiting from lower mortgage rates. Tariffs remain a wild card in the mortgage space and the housing market more broadly. Markets have responded poorly to Donald Trump’s trade ...
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Homeowners shift to FHA loans amid rate rise
As conventional mortgage rates edge higher, a growing number of current homeowners are seeking relief through Federal Housing Administration financing to trim monthly costs. The move is gaining pace ...
Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...
Generally, the FHA requires a 580 credit score with a minimum down payment of 3.5% to qualify for an FHA loan. If you can make a larger down payment — at least 10% — you may be able to find a lender ...
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