You are currently browsing the 505 Real Estate™ Updates! By Sheniq Hollins weblog archives for the day 9. March 2008.
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Archive for 9. March 2008
FHA May Be Tonic for What Ails the Housing Market
9. March 2008 by admin.
The Wall Street Journal’s Real Estate Journal: FHA May Be Tonic for What Ails the Housing Market:”Home loans insured by the FHA have become the cheapest and, in many cases, the only alternative for borrowers who can make only a small down payment. The agency is rapidly gaining market share as government-sponsored mortgage investors Fannie Mae and Freddie Mac, stung by combined losses of about $9 billion in last year’s second half, back away from credit risks by adding fees and demanding higher down payments.”
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