Tuesday, January 16, 2024

Housing Market: More Inventory Coming As Rate Lock Eases

The housing market is starting to break free from the chokehold of high mortgage rates, and a wave of potential sellers could bring on more inventory to supply-starved buyers in the coming years, according to Zillow.

Read more... https://www.businessinsider.com/housing-market-mortgage-rates-outlook-zillow-supply-shortage-inventory-prices-2024-1


Monday, December 19, 2022

FHA Announces Pandemic Aid For Seniors With HECMs

The Federal Housing Administration (FHA) recently announced new "flexibilities" to help senior homeowners with FHA-insured Home Equity Conversion Mortgages (HECMs) who are behind on required property charge payments due to effects of the COVID-19 pandemic. 

Read more... 
https://nationalmortgageprofessional.com/news/fha-announces-pandemic-aid-seniors-hecms


Friday, December 16, 2022

FHA Now Allows 'Double-Dipping' On Loans

The Federal Housing Administration on Thursday announced a rule change that will allow individuals to serve as both the real estate agent and mortgage loan originator for FHA-insured home sales.

Read more...