Posts Tagged: Homeownership

First-Time Home Buyers on the Rise in 2015

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Since interest rates have dropped to around 4 percent and Federal Housing Administration (FHA) premium mortgage insurance dropped from 1.35 percent to 0.85 percent, there has been a surge in mortgage loan applications. And, according to the Mortgage Bankers Association (MBA) there has been growth in first-time home buyer activity. Due to the FHA mortgage… Read more »