Currently browsing tag

federal, Page 2

Shopping around for a mortgage: Urged but not often done

When it comes to mortgages, experience apparently isn't the best teacher. Recent findings by the federal Consumer Financial Protection Bureau, which oversees mortgages and credit cards, among other things, show that almost half of U.S. borrowers don't shop for home loans.

CalHFA Announces Details of 2015 Mortgage Credit Certificate Program

The California Housing Finance Agency announced today the details of its 2015 Mortgage Credit Certificate program, a statewide program that enables first-time homebuyers to convert a portion of their annual mortgage interest into a direct dollar-for-dollar tax credit on their U.S.

FHA loan versus 'conventional' mortgage: Which is better?

If you saw the recent White House announcement of lower insurance payments on Federal Housing Administration home mortgages, you might have wondered: Does this matter to me as a potential home buyer or refinancer? Who specifically will benefit from the decrease in fees?

FHA to cut mortgage insurance premiums: White House

By Lindsay Dunsmuir WASHINGTON (Reuters) – The Federal Housing Administration will reduce annual mortgage insurance premiums by 0.5 percentage point to 0.85 percent from 1.35 percent, the White House said on Wednesday. President Barack Obama will discuss the action in a speech in Phoenix on Thursday. The premium cut is the latest in U.S. government efforts to widen mortgage access against a …