Mortgage applications for newly built homes fell 6% year over year in January 2025 but were up 19% from December, according to the MBA.
It is possible to buy a house with no credit, though it's typically more difficult to get approval for a mortgage.
FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or more. Borrowers with a ...
A common rule of thumb suggests you need to make $100,000 or more to afford a $400,000 home. But it all depends on your down ...
FHA loans also have property requirements, and not every house will qualify. To be eligible for an FHA-backed mortgage, your home must: Have one to four units. Serve as your primary residence.
What Types of Homes Are Eligible for FHA Reverse Mortgage Loans? The applicant’s home also needs to satisfy certain FHA requirements. Specifically, it must be: A single-family home or a two ...
A JetBlue pilot was arrested at Boston Logan International Airport on a warrant for second-degree sexual exploitation of a ...
It’s a familiar feeling for people searching for a starter home. According to the National Association of Realtors, only 24% of buyers in 2024 were first-time buyers. That’s the lowest share in more ...
FHA loans can be used to purchase single-family detached homes (a "standard" home that includes a single living unit and sits on its own land), townhouses, condos, and manufactured homes.
Layoffs at FHA could potentially slow down the agency’s work, which includes providing over $1.3 trillion in mortgage insurance for single-family homes, multifamily properties and health care ...
Home buyers who purchase a home through its partner company Rocket Homes can earn a closing costs credit of 1.25%, up to $10,000 on a loan financed by Rocket Mortgage. Rocket Mortgage offers FHA ...
The loan limit for FHA loans for single-family homes rose to $524,225 in 2025. In some high-cost areas, however, the limit can be as high as $1,209,750. Do FHA loans come with private mortgage ...