June 30, 2022

List of FHA Foreclosed Homes For Sale Reveals Bargains For Homebuyers

The FHA is swamped with foreclosed homes that they are trying to sell nationwide.  Single family homes foreclosed on by the FHA are being sold through the U.S. Department of Housing and Urban Development (HUD).  Since holding an empty house is an expensive proposition for a lender, HUD is a motivated seller.  Accordingly, many single […]

FHA Mortgage Rates And Rent To Own Ratio Are At All Time Lows

Historically speaking, there has never been a better time to purchase a home.  FHA fixed mortgage rates of about 3.75% are the lowest in history and have greatly contributed to lowering the cost of owning a home.  For example, the monthly mortgage payment on a home purchased for $150,000 with the minimum FHA down payment […]