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by Roman Realtors Tuesday, 11 January 2011 18:19

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FHA Loans Updates

Today I want to take some time to talk with you about upcoming changes to FHA —or Federal Housing Administration—loans.
 
FHA loans have exploded in popularity in recent years—in 2006, the FHA guaranteed just 3% of new home-purchase mortgages, while it insures roughly 30% of home loans today, according to U.S. News & World Report, January 20, 2010.
 
The agency is now working on changes to the program which will impact borrowers and home sellers alike:
 

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