Financing

FHA Gives OK to Down Payment Help Following IG’s Criticism

FHA Gives OK to Down Payment Help Following IG’s Criticism

By Brian Collins May 25, 2016   The head of the Federal Housing Administration has informed lenders that loans receiving down payment assistance can continue to benefit from government insurance, despite past questions over the legality of certain assistance programs. Ed Golding, HUD’s principal deputy assistant secretary for FHA, wrote in a recent letter to […]

New Home Purchase Apps Slip in April: MBA

New Home Purchase Apps Slip in April: MBA

Mortgage applications for new home purchases slipped 11% in April from the month before, according to the Mortgage Bankers Association’s Builder Application Survey. The decline can be attributed to a surge in applications for new homes in February and March, said Lynn Fisher, MBA vice president of research and economics, in a news release Friday. […]

VA loan numbers last year surpassed even strong 2013 performance

VA loan numbers last year surpassed even strong 2013 performance

By Victor Whitman, ScotsmanGuide.com Pushed up by heavy refinancing on low interest rates, Veterans Affairs (VA)-backed loan volumes and counts rose dramatically last year, according to numbers released this week by the agency. VA loans were up 44 percent by count and 54 percent by volume in fiscal 2015 (ending Sept. 30) compared to fiscal […]

How to find Homeowners Insurance Within Your Budget

How to find Homeowners Insurance Within Your Budget

Finding home insurance in Pennsylvania can be a pretty simple task—an Internet search or a quick browse through the Yellow Pages will produce dozens of results. However, find home insurance that meets both your needs and your budget can be quite different tale without taking the time to do a little research. The key to […]

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