FHA vs Conventional Loan: Why the 4x Delinquency Gap Matters to You
FHA loans have a 11.52% delinquency rate vs 2.89% for conventional mortgages. Here's what that gap reveals about costs, requirements, and which path actually saves money.
the latest release from the Commerce Department reported that sales of new homes climbed 4.4 percent in November to a seasonally adjusted number of 377,000-unit annual rate.
The number of individuals filing jobless claims last week fell to a 4 ½ year low, according to the Labor Department.
The S&P Case/Shiller Index shows that home prices increased by 0.7% in October, a gain that was larger than analyst expectations.
This very thing has happened to The West Wing star Allison Janney and a house she bought with long-time friend, and fellow actor, Gregg Rapp.
According to the report, home prices increased by 0.9 percent in August compared to July 2012.
In a day when the economy is rather unstable, a fixed rate 30 year mortgage is probably your best deal.
The insurance your mortgage lender has the right to obtain is referred to as “forced place” insurance and often the cost of this insurance is significantly more than what it...
The increase in housing affordability means that more homes are selling on the market as new homeowners are drawn to the market
The insurance your mortgage lender has the right to obtain is referred to as “forced place” insurance and often the cost of this insurance is significantly more
The Standard & Poor’s Case Shiller Housing Index released on Tuesday, October 30, 2012 showed a fifth month of improvement in the home prices.