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Fitch: Home price growth slowest in 7 years

Home price growth has clearly slowed down in recent months as the housing market cools after a near six-year hot streak. Now, a report released by Fitch Ratings this week details just how much the market has slowed, and predicts…

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House committee passes bill to make FHA loans less expensive

The House Financial Services Committee passed a bill Wednesday that would limit mortgage insurance payments on loans backed by the Federal Housing Administration. The bill would repeal FHA’s policy that requires borrowers to pay mortgage insurance for the life of…

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HUD declares FHA is no longer backing DACA mortgages

After months and months of uncertainty about whether the FHA is backing mortgages for Deferred Action for Childhood Arrivals recipients or not, HUD has finally given an official answer. And that answer is no. Click the headline for the full…

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