Housing starts increased 3.9 percent last month from October, reports the Commerce Department. Despite the gain, activity remains 45 percent below the threshold — 1 million units annually — that is considered healthy; and permits, which gauge future demand, slid … Continue reading
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The Federal Housing Administration (FHA) helps prospective borrowers in a wide range of ways. Frost Mortgage is a huge fan of the FHA program; in 2009, for instance, we were named No. 2 in America for FHA fundings by Mortgage … Continue reading
Posted in Economy, Federal Housing Administration, FHA, First-Time Homebuyer, Home loans, Home sales, Homebuying, Housing, Mortgage Guidelines, Mortgage News, News | Leave a comment
It has been a long, hard slog, but we’re seeing increased confidence that the worst may be over. This week, for instance, Reuters reported, “A strong global economic recovery is under way, and is unlikely to be thrown off course … Continue reading
Posted in Economy, Home prices, Homebuying, Housing, Mortgage Banker News, Mortgage News, News, Real Estate News | Leave a comment