FHA mortgage costs increase
Mortgages insured by the Federal Housing Administration — often called “FHA loans” — have long been an option for home buyers who don't have a lot of cash for a down payment or whose credit is less than optimal. For that reason, FHA loans became ...
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Mortgage lenders remain cautious
After taking a beating in the housing downturn, it's no surprise banks and mortgage lenders are very careful about ensuring that borrowers have favorable credit profiles. Potential borrowers shopping for a mortgage can do themselves a favor by working ...
Read more on The Desert Sun
Mortgage lenders move the goal posts
Home owners are facing unexpected mortgage rate rises as lenders exploit loopholes in original contracts. By Rosie Murray-West Home owners should be carefully scrutinising their original mortgage offers for nasty surprises that could push up monthly ...
Read more on Telegraph.co.uk
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