Monthly Archives: January 2017

On Friday, Jan. 20th 2017, Housing and Urban Development (HUD) suspended the premium rate cut for FHA backed loans until further notice. HUD’s letter implied that they felt the insurance fund was not yet stable and couldn’t afford the rate cut, therefore suspended it “indefinitely & effective immediately”. Nations believes that FHA loans are still a great […]

The Federal Housing Administration (FHA) has great news for homeowners! Borrowers who will be obtaining FHA financing for their home will soon welcome an annual reduction in their premiums by 25 points. As the government issuer of low down-payment home loans, the FDA says it will save Nations Lending’s FHA borrowers an average of $500 each this […]