Southern California Home Prices Improve In October
A critical financing source for first-time buyers purchasing lower-cost homes, especially foreclosures, has been the federally-insured FHA loan . FHA mortgages accounted for 38.3 percent of all Southland buy loans last month, compared with 32.5 … “Its actions have triggered ultra-low mortgage rates , plentiful low-down-payment ( FHA ) financing, an extended and expanded tax credit for home buyers, and programs and political pressure aimed at reducing foreclosures.” …
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Southern California Home Prices Improve In October
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