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Housing Wins Higher FHA Mortgage Limits

The U.S. housing industry has scored a victory with House and Senate votes to raise the size of mortgages backed by the Federal Housing Administration to $729,750. The measure split Republicans, many...

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Bundle Your Renovation Costs With Your Mortgage

If you just bought a house that fits your budget, but it needs some upgrading and repair, you’re probably wondering how you can swing both a mortgage payment and pay for the renovation costs....

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What Is a FHA (203k) Loan?

Purchasing a house that needs renovation/repair is a Catch-22: the bank won’t lend the money to buy the house until repairs are completed, and repairs can’t be done until the house has been purchased....

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