We hear that FHA mortgages are a good deal these days, but are strictly for lower-income home buyers?

In fact, that is why FHA was established.

View original here:
We hear that FHA mortgages are a excellent deal these days, but are strictly for lower-income home buyers?

Related FHA and HUD Posts

Tags: , , , , , , , , , , , ,
Tags: , , , , , , , ,

    Leave a Reply

    Recent Posts:

    Fha 203K Mortgage – An Excellent Way To Buy A Home Needing Repairs!
    FHA official warns of trouble if down-payment requirements are hiked
    The Goals Workshop.
    Latest FHA Refinance Rates Auctions
    Pro Ratings UK’s Best Horse Race Ratings.

    Related results on We hear that FHA mortgages are a good deal these days, but are strictly for lower-income home buyers?

    1. One last thing: We make just over double the average household income but when factoring the average historical mortgage rate and with some kids down the road, we can only afford an average house. .... Good plan, man. I hear the argument all the time that if house prices fall because rates go up, so what? You'll just end up paying a higher interest rate on a lower priced house. Won't it just end up being about the same monthly mortgage payment? But no ? most of the people ...

    1. Blockbusting played a role in white flight before the 1960s, but in the early days of the Great Northern migration in Buffalo, black homebuyers would offer far more to buy a house than whites. ...... So, yes, massive incentives for and investment in these patterns had a major impact on what we see today. I would call this subsidization, just as I would call housing programs for low-moderate income homeownership programs in Buffalo subsidization. ...

    1. Overall i agree that home prices 'should' correct more, obviously, but we all need to challenge eachother more on our analysis because the whole real estate discussion just becomes a watered down contest of whoever is more negative wins. ...... Texas has low taxes ? and no state income taxes ? and a much smaller government. Its legislature meets for only 90 days every two years, compared with California's year-round legislature. Its fiscal condition is sound. ...