March 28, 2024

FHA Offers Disaster Relief For Storm Sandy Victims

HUD Secretary Shaun Donovan announced federal disaster assistance to victims of Storm Sandy.  “Families who may have been forced from their homes need to know that help is available to begin the rebuilding process,” said Donovan. “Whether it’s foreclosure relief for families with FHA-insured loans or helping these counties to recover, HUD stands ready to […]

FHA Fixed Mortgage Rate Of 2.75% Possible By Year End

How low can mortgage rates go?  A few short years ago, borrowers who were able to refinance in the mid to low 5% range thought they would never have to refinance again. Little did anyone realize during the housing boom years that the subsequent crash in housing prices would result in mortgage rates lower than […]