Monthly Archives: January 2010

FHA Changes: Higher Mortgage Insurance, Less Seller Concessions and Tougher Guidelines.

As a borrower it may be a bit more difficult to obtain FHA financing in 2010.  Today the FHA announced a series of changes to the FHA insured mortgage program aimed at increasing home ownership in underserved neighborhoods.  The program has become the most widely used program for first-time buyers or move up buyers with… Continue Reading