This has been written to inform homeowners about new programs that can help save their home in these tough economic times. The Housing and Economic Recovery Act of 2008 authorizes a new FHA mortgage refinance program called HOPE for Homeowners program effective from October 1, 2008 through September 30, 2011. The Federal Housing Administration Hope [...]
Earlier this year, the Economic Stimulus Act of 2008 was enacted by congress and the Bush Administration, in an effort to stimulate business investment and attempt to avert impending crisis and recession. Needless to say, their efforts haven’t seen success so far, for reasons everyone is familiar with. What you probably remember about the act [...]
Have you been looking for financing on a new home, but struggling to find anything reasonable? With subprime mortgages a thing of the past, if you have less-than-perfect credit an FHA loan may be just what you need. An FHA loan is a federal assistance mortgage loan, backed by the Federal Housing Administration that insures [...]
