FHA mortgages are great for people looking to purchase a home and current homeowners who want to refinance their mortgages. With all of the advantages this type of loan offers, borrowers can finance their homes and save money in the process! A low down payment requirement and competitive rates leave ...

As the cost of living rises in 2010, a larger number of older homeowners are looking for a financial solution that allows them to remain in their home and still have available money at their disposal. Often, an older homeowner's basic living expenses will exceed the income he or ...

Head of Federal Housing Administration warns against increased home down payment requirementThe head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market. FHA commissioner David Stevens said at a ...

<div id="subtitle">HUD's 2011 budget amounts to 5 percent cut in funding due to expected spike in FHA revenue</div><div><p>The Department of Housing and Urban Development said Monday it will ask for less money from Uncle Sam ...