Fewer First-Time Buyers Choosing FHA Financing

Kennith Bogan

In 2018, 31% of initial-time consumers obtained an FHA mortgage in 2020, it was 29% In Jan., it was 24%. Newer 3%-down traditional financial loans may possibly be component of the explanation. CHICAGO – Federal Housing Administration (FHA)-insured funding employed to be a significant initial-time homebuyer attract for the reason […]