July 19, 2012

Daily Housing News Round-Up

Reuters runs, “U.S. housing poised to boost economy.” “Housing is suddenly a bright spot for economy,” Christian Science Monitor. Hispanic Business reports Bill in Congress aims to improve Federal Home Refinance Plan. “FHA opens sale of troubled loans,” Apartment Finance Today. “Mortgage rates drop again, Freddie Mac says; 30-year at 3.53 percent,” headlines Los Angeles […]

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June 20, 2012

Daily Housing News Round-Up

Apartment Finance Today runs “a Q&A With FHA’s Marie Head.” HUD in Gary, Hammond and East Chicago provides smoke-free kits. Palm Beach County, Fla. to open interim housing, new resource center for the homeless. Lancaster, Cali. is recognized by the International  Energy Globe Award for its success in employing alternative energy and conservation projects around […]

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June 14, 2012

A Fixer-Upper

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When I bought my house it was definitely a “fixer-upper”.  Literally the first thing my mother said to me upon seeing it from the outside for the first time was “please tell me that isn’t your house”.  It was.  I didn’t mind all the hard work it took to fix the place up and I […]

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February 27, 2012

FHA Takes Additional Steps to Bolster Capital Reserves While Minimizing Cost to Borrowers

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Today, FHA announced a new premium structure for FHA-insured single family mortgages: as of this spring, the annual mortgage insurance premium (MIP) will increase by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount;  and upfront premiums (UFMIP) will increase by 0.75 percent. While the new structure is expected […]

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January 10, 2012

Daily Housing News Round-Up

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Home of the day: Affordable senior housing complex nearing completion in Vernon Hills, IL. HUD announces 13 communities to receive Choice Neighborhood grants. Optimism on the housing market continues to rise. HUD awards grants to Union County, NJ to help aid the homeless. FHA’s new program will expedite affordable housing application process. And homeowners in […]

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